Uncle Julio’s

1803 Abriter Ct. - Naperville IL 60563

LTV (Loan to Value)	65.00%	Current NOI	$448,103.00
Interest Rate	4.250%	Capital Rate	8.300%
Fixed Term	10 Years	Land Area	+/- .96 acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$3,510,000.00	Property Type	Restaurant
Payment	$19,015.01	Property Lease	Casual Dining
Bulding Size	0 SF	Remaining Terms	15 Years

Location Description

NNN Lenders is offering for sale to qualified investors the unique opportunity to acquire an asset currently under development with a market leading casual dining tenant. The subject property offers a long term lease, in a very high barrier of entry, affluent demographic suburb of Chicago, in the city of Naperville. The asset is a 9,700 SF building providing a state of the art restaurant with ample parking and immense traffic generators adjacent to the site. The property provides investors the opportunity to acquire an asset prior to completion, while providing roughly $2.5 million in tenant improvement allowance. An investor can circumvent the 1031 exchange and private buyer market and lock in a generous return, in a core daytime sub-market of Chicago. The property is among a large hospitality/retail development called American Plaza with such neighbors as Embassy Suites, Fairfield Inn, Hampton Inn, Maggiano’s, Granite City Brewery, and Tucanos Brazillian Grill. Directly across the street sits Freedom Commons, another high-end hospitality/retail development that includes tenants such as Marriott, LA Fitness, Morton’s Steakhouse, Cooper Hawk’s, and Fidelity Investments. Naperville is a dominant office sub-market with such corporations as ConAgra, Nestle, Alcatel-Lucent, BP America, OfficeMax, and Kraft Foods all having major operations within the city and encompassing the majority of the Class A office space. With over 2,000,000SF of Class A office space in the immediate vicinity, traffic counts approach approx. 55,000VPD on Diehl Rd. and 150,000VPD on I-88. The location has a daytime population of roughly 100,000 within 10 miles.

Highlights

Irreplaceable Location for any investor seeking a restaurant asset that has a captive audience with disposable income, within the 3rd…

Property Description

Naperville is a city in DuPage and Will counties in Illinois; it was voted the second-best place to live in the United States by Money magazine in 2006. In a 2010 study, Naperville was named the wealthiest city in the Midwest and eleventh in the nation with a population over 75,000. As of the 2010 census, the city had a total population of 141,857. It is the fifth-largest city in the state, behind Chicago, neighboring Aurora, Rockford, and Joliet. Approximately 100,000 Napervillians live in DuPage County, while about 45,000 reside in Will County. Once a quaint farming town, Naperville has evolved into an affluent city home to numerous corporate headquarters. The Naperville area is home to many popular retailers, restaurants and shopping centers, such as downtown Naperville, Freedom Commons, Springbrook Prairie Pavilion, and the Route 59 and Ogden Avenue corridors. Naperville has over eleven automobile dealerships, and in October 2006, the city opened the country’s first public-private automobile test track, situated on a 9-acre course, at a cost of $1.5 million.