offering memorandum · lead generation boardwalk cre has proven experience in the planning and...

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425 E. Main St. East Dundee, IL Offering Memorandum Bob Petrich Boardwalk CRE, President direct: 708-917-3333 [email protected] www.boardwalkcre.com

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Page 1: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

425 E. Main St. East Dundee, IL

Offering Memorandum

Bob Petrich Boardwalk CRE, President

direct: 708-917-3333

[email protected] www.boardwalkcre.com

Page 2: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

BEST PLACE

FAMILIES AWARD

RESTAURANT

BUILDING

BUSY

CORNER

GROWING

POPULATION

HEAVY TRAFFIC

COUNT

Expressway

STRONG

DEMOGRAPHICS

Property Summary

• Manor Restaurant

• Building, Land & Equipment

• Building: 6,250 SF plus basement

• Seating: 200 people

• Land: 1.51 acres

• Lot: 65,340 SF

• 160 parking spaces

• Built 1977 & additions

• Two PINs

• Recently remodeled

• Sold As-Is

• Taxes with assessor’s office will be dropped

• Can build 5,000 SF building on back lot

• Room is setup for Video machines

• Located on two busy Intersections Rt 72 & Rt 68.

Page 3: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Table of Contents

Property Details

Photos

Local Map

Aerial Map

Marketing Analytics

Offering Summary

Underwriting Analysis

Income Expense

Rent Roll

Market Overview

Demographics

Sales Comps

Contact

Confidentiality Disclaimer

Boardwalk Commercial Real Estate (Real Estate Broker) has information contained in

such documents that will not be passed under any circumstances to another intermediary

or broker or trader or any other company or private person who is not an end buyer

without specific written consent of Boardwalk CRE is generating the information herein.

NOT TO CIRCUMVENT

The parties hereby legally, wholly and irrevocably bind themselves and guarantee to one

another that they shall not directly or indirectly interfere with, circumvent or attempt to

circumvent, avoid, bypass or obviate each other’s’ interest, or the interest or relationship

between the parties, by means of any procedures, sellers, buyers, consultants, dealers,

distributors, financial instructions, or other actions whatsoever for the purpose of

changing, increasing or avoiding, directly or indirectly, payments of established or to-be

established fees, commissions, or other continuance of pre-established relationships, or to

intervene in un-contracted relationships with intermediaries, entrepreneurs, legal counsel,

or to initiate any buy/sell or any transactional relationship that bypasses one of the parties

in favor of another individual or entity, in connection with the subject transaction or

project or any related future transaction or project.

NOT TO DISCLOSE / CONFIDENTIALITY

The parties shall use all reasonable efforts to protect the information given to it pursuant

to this and to keep it confidential, using a standard of care no less than the degree of care

that the party would be reasonably expected to employ for his own similar confidential

information. Parties may disclose the information only to those persons who have a need

to know the information. Prior to disclosing the information to employees, independent

contractors, or necessary third parties, the party shall issue appropriate instructions to

them to satisfy its obligations herein and obtain their agreement to receive and use the

information on a confidential basis on the same conditions as contained.

Page 4: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Property Report

Property Address 425 E. Main St.

City/State East Dundee IL

Price $1,200,000

Building 6,250 SF

Lot Size 65,340 SF

Parking 160 spaces

Seating 200 people

Acres 1.51 acres

Intersections Rt 72 & Rt 68

Investment Overview Property Details

Visit our website at:

www.boardwalkcre.com The information contained herein has been secured by sources believed to be reliable. Boardwalk CRE however makes no

representation or warranty, expressed or implied as to the accuracy of the information. Buyer assumes all risks any inaccuracies.

Page 5: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 6: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 7: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 8: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 9: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 10: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 11: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 12: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 13: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 14: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 15: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real
Page 16: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Marketing & Analytics

Real-time Market Data

We offer comprehensive and research-driven, real-time market data using our current

database of assets, buyers and sellers, and pricing information. Our real estate marketing

statistics, listings and inventory data generates up-to-date comps in the Chicago-land

market.

Reporting and Analytics

Boardwalk CRE is experienced in marketing analytics and reporting tools to provide

evaluations and clear understanding of the property through powerful offering

memorandums and marketing presentations.

Lead Generation

Boardwalk CRE has proven experience in the planning and execution online marketing

campaigns to boost visibility and successfully generate real estate leads.

A Comprehensive Marketing Strategy

Our powerful internal marketing system includes MRED for Property Detail reports,

CoStar, Loopnet along with direct mail and email campaigns. We create a real estate

marketing plan that will achieve more results thru our website, social media platforms

and specialized applications.

Web-based Strategies

Boardwalk CRE has over 25 years’ experience in commercial real estate. Through our

powerful database and custom series of web-based tools, we have automated applications

designed to produce full offering memorandums in high-quality professional formats.

We use our social media reach to increase campaign success.

Personal Touch

We believe in the personal touch as real estate is still a people business. Our clients'

concerns and their achievement of goals is our top priority. We are ready to sit down

with our client, have coffee and analyze their property in detail.

Page 17: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Traffic Count

Page 18: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Demographics

Page 19: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Aerial View

Page 20: Offering Memorandum · Lead Generation Boardwalk CRE has proven experience in the planning and execution online marketing campaigns to boost visibility and successfully generate real

Offer Submission

All tours and site visits are to be arranged exclusively thru Boardwalk CRE.

Do not contact owner or tenants without scheduling a visit.

All offers shall be submitted to a Broker representing Boardwalk CRE in the

form of a Letter of Intent that includes the following:

• Purchase price: Specify All-cash or Financing contingency

• Capital structure: Capital structure for investment

• Contingencies: Specific due diligence items required to close

• Deposit: Earnest Money timeframe and when becomes non-refundable

• Due diligence: Timeframe for days required to complete

• Closing: Closing Date

Bob Petrich

Boardwalk Commercial Real Estate

BoardwalkCRE.com

[email protected]

708-917-3333