offering memorandum · lead generation boardwalk cre has proven experience in the planning and...
TRANSCRIPT
425 E. Main St. East Dundee, IL
Offering Memorandum
Bob Petrich Boardwalk CRE, President
direct: 708-917-3333
[email protected] www.boardwalkcre.com
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.
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.
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.
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.
Traffic Count
Demographics
Aerial View
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
708-917-3333