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801 N Quentin Road Palatine, IL 60067

$42,500
New / MLS# 12601368 / Commercial - Investment / Palatine
0 Beds
882 SqFt

Tin Seng, a successful Chinese take out restaurant with a large and loyal customer base for sale on busy Quentin Road in Palatine is for sale and looking for a new owner/operator. Current owners are retiring. End unit in popular Quentin Corners shopping center with almost 1000 square feet is READY TO GO for a new owner operator. Branding can be transferred as well, if desired. Signage in place, including on a large monument sign leading into the shopping center (see photo). Landlord is willing to rewrite or extend the lease (currently at approximately $2758/month with approximately 14 months left) for an additional five years. Rent includes a base of $24/ft and pass throughs of $13.52/ft. All equipment - freezers, refrigerators, stoves, wok stations and everything you see in the photos, along with fixtures and supplies, come with the sale. Much of the equipment is relatively new. The restaurant owner just spent over $14K for a new HVAC system and most plumbing is new. Schedule a showing to see it today. This is an extremely efficient operation with everything an operator needs already in place. Available parking is right in front.

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Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 2.30 Acres
Stories: 1.0
Taxes: $9,000

Feature Descriptions

HVAC: Gas
Lot Dimensions: 99999
Parcel#: 00000000000000

Location

See details and scored characteristics about this location.

Listing Office: @properties Commercial

Listing Office Phone: 312-337-0200



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