P.F. Chang’s (Ground Lease)

2361 Fountain Square Drive - Lombard (Oak Brook) Illinois 60148

LTV (Loan to Value)	65.00%	Current NOI	$207,259.00
Interest Rate	4.250%	Capital Rate	4.750%
Fixed Term	10 Years	Land Area	1.87 Acre
Amortization	25 Years	Lease Type	NNN
Loan Amount	$2,949,631.75	Property Type	Retail
Payment	$15,979.28	Property Lease	Food Service
Bulding Size	6,664 SF	Remaining Terms	+/- 4.5 Years

Location Description

NNN Lenders is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the P.F. Chang’s China Bistro (“P.F. Chang’s”) property located at 2361 Fountain Square Drive in Lombard, Illinois (the “Property”). The Property is a 100% fully leased to P.F. Chang’s China Bistro Inc. and is operated as a 6,664 SF casual dining restaurant, located on 1.865 Acres within Lombard’s central dining and retail destination area, immediately off Butterfield Road, the primary regional thoroughfare providing access to and from the Interstates 88 and 335.

Highlights

Corporate Lease at Strong Established Location – P. F. Chang's China Bistro, Inc. is the parent company of P.F. Chang's…

Property Description

Lombard is a village in DuPage County, Illinois, and a suburb of Chicago. The population was 43,395 at the 2010 census. Lombard is located approximately 21 miles due west of the City of Chicago. Since 1930, Lombard has hosted an annual Lilac Festival and parade in May, earning Lombard the nickname, “The Lilac Village”. Chicago is the largest city in the state of Illinois and the third most populous city in the U.S. The city has approximately 2.7 million residents. Its metropolitan area, sometimes called Chicagoland, is the third-largest in the U.S., after New York City and Los Angeles, with an estimated 9.8 million people. Chicago is the county seat of Cook County, though a small portion of the city limits also extend into DuPage County.