Madison, IL 62060,5147  Ct., Pontoon Pagano Court
Madison, IL 62060,5147  Ct., Pontoon Pagano Court
Madison, IL 62060,5147  Ct., Pontoon Pagano Court
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$ 6,000,000
Est. payment | /mo

5,150 SqFt


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$ 6,000,000
Est. payment | /mo
Save

5,150 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 5,150 sqft

Price per Sqft $1,165

MLS Listing ID 12271159

Year Built 2023

Annual Tax Amount $4,000

Tax Year 2023

Lot Dimensions 267458 SQ FT

Property Sub-Type Retail/Stores

Property Description

Unlock a premium investment opportunity with Rosati's 5147 Pagano Court, a state-of-the-art, full-service restaurant situated at the highly trafficked intersection of I-270 and Route 111. This property is anchored by a 20-year NNN lease with 2% annual rent escalations, offering stable and predictable cash flow backed by one of the nation's most trusted pizza franchises. Key Highlights: 7.75% CAP Rate: High-yield returns for investors seeking consistent income. Strong Corporate Tenant: Rosati's Pizza, with over 200 locations nationwide, delivers exceptional brand recognition and financial stability. Enterprise Zone Benefits: Significant tax incentives and growth opportunities in a thriving industrial corridor with nearby Amazon distribution hubs. Prime Location: Positioned in a rapidly developing area experiencing a 5% increase in vehicle traffic since 2021. Projected to surpass 2.1 million in Gross sales this year, this proven performer offers unparalleled investment security in a growth-driven market. Don't miss the chance to capitalize on a premium asset delivering low-risk, high-yield returns..

Location

State IL

County Madison

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Listed by Shams Siddiqui • Results Realty ERA Powered
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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5147 Ct., Pontoon Pagano Court