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Wendy's 11 N Harlem Ave

3,500 SF Retail Building Oak Park, IL 60302 £2,743,757 (£784/SF)

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INVESTMENT HIGHLIGHTS

Single tenant ground lease (no landlord responsibilities)
Corporate lease
High traffic counts 34,800 VPD on Harlem Avenue & 13,500 VPD on Madison Street

Multiple lease options through 2040
Strong re-development potential
MS Zoning (Madison Street Zoning District)

EXECUTIVE SUMMARY

Ground lease secured by Wendy's Corporation since 1985.

Oak Park 11 N Harlem NAI Hiffman OM

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Fast Food

Building Size

3,500 SF

Building Class

Year Built

1985

Price

£2,743,757

Price Per SF

£784

Tenancy

Single

Number of Floors

Building FAR

0.18

Lot Size

0.46 AC

Zoning

Parking

46 Spaces (13.14 Spaces per 1,000 SF Leased)

Frontage

88 ft on N Harlem

MAJOR TENANTS

Accommodation and Food Services
3,500 SF
-
Dec 2030

Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is Wendy's Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.