Guzman Y Gomez

5417 Northwest Highway, Crystal Lake, IL 60014

$2,800,000

Cap Rate 6.00%

Updated: 01.13.24 Posted: 09.22.23 Status: Sold

Summary

Price $2,800,000	Built/Renov 2022	Tenant Guzman Y Gomez
Cap Rate 6.00%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 3,250	Lease Start 05-01-2023	#Units 200
Price/SF $861.54	Expiration 04-30-2038	Tenant Type Fast Casual/Rest.
NOI $168,000	R. Term 12.11	Ownership Fee Simple
Rent/SF $51.69	Increases 10.0%/4/yrs	Pop 5Mi 46,208
Lot/AC 1.05	Options 3/5yrs/10%	AHHI 5Mi $98,697

David Hoppe

Atlantic Capital Partners

Contact

Lease Highlights

New 2022 construction
Guzman Y Gomez currently has over 14 years remaining on the current lease term with 3 (5-year) options to extend
Lease features 10% rental increases at the start of each option period
Absolute NNN | Zero landlord responsibilities
Corporate guarantee by Guzman y Gomez (Holdings) Ltd

Location Description

This newly constructed Guzman Y Gomez, with 500 feet of frontage, is conveniently located along a main thoroughfare, Northwest Road/Route 14 that sees in excess of 28,000 vehicles passing by daily. The property is surrounded by popular tenants including Sam’s Club (134.2k/monthly visitors), Target (113k/monthly visitors) and Menards (66.2k/monthly visitors), promoting a strong drive to the...

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Key Features

New construction
Major thoroughfare
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent suburb location
Brand new lease
Long 15+ yr lease
Absolute NNN
Corporate Guarantee

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Links

Guzman Y Gomez Wikipedia Guzman Y Gomez Wikipedia Crystal Lake, Illinois Zip Code 60014 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Guzman Y Gomez
Guarantor:Corporate
Company:Guzman y Gomez (Holdings) Ltd
# Units:200
Stock:Private

About Tenant

Guzman y Gomez (Holdings) Ltd (GYG) is an Australian multinational casual-dining and fast food restaurant chain. It specializes in Mexican cuisine with burritos, nachos, tacos, quesadillas and...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	3,189	51,400	124,811
2023 Total Population :	3,216	52,134	126,835
2023 Employed Civilian Pop :	1,634	29,193	70,455
2023 Total Businesses :	612	2,555	4,296
2023 Average Household Income :	$ 96,183	$ 114,471	$ 132,012
2023 Total Consumer Spending :	$ 100 M	$ 1926 M	$ 5210 M
2023 Median Age :	39	39	40
2023 Total Households :	1,223	19,849	46,671
2023 Pop Age 25+: Bachelor's Degree :	602	9,845	24,510
2023 Average Home Value :	$ 245,206	$ 276,136	$ 305,744

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
US 14	Liberty Rd	2021	26,000	0.18 mi
Northwest Hwy	Exchange Dr	2013	30,800	0.22 mi
Exchange Dr	Congress Pkwy	2010	2,480	0.37 mi
Pingree Rd	State St	2013	5,950	0.39 mi
Pingree Rd	Northwest Hwy	2009	8,500	0.39 mi
Congress Pkwy	Memorial Dr	2010	8,680	0.48 mi
Congress Pkwy	Rickert Rd	2021	5,800	0.49 mi
Northwest Hwy	Rosenthal Rd	2013	30,800	0.53 mi
Congress Pkwy	Commonwealth Dr	2021	6,750	0.53 mi
Exchange Dr	Congress Pkwy	2010	1,360	0.60 mi

Listing Broker

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