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Fully Fixtured Restaurant and Banquet Space

524 W State Street

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Geneva, IL 60134

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Fully Fixtured Restaurant and Banquet Space

524 W State Street

Geneva, IL 60134

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Contact Advisor

Square
Joel Miller, CCIM Senior Advisor, Retail Services
SVN | Landmark Commercial Real Estate

joel.miller@svn.com
(C) 630.270.6949
(O) 630.938.4950
(F) 630.938.4960

 
Square
Neil Johnson Managing Director/Broker
SVN | Landmark Commercial Real Estate

neil.johnson@svn.com
(C) 630.669.1414
(O) 630.938.4950
(F) 630.938.4960

 


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Upscale Restaurant & Banquet/Catering Space

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For Lease
Price:
$16.00 SF/yr (NNN)
Size:
5,300 - 7,581 SF
Property Type:
Retail
Building Size:
23,265 SF
Year Built:
2005
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Highlights

  • Fully Fixtured Restaurant in Downtown Geneva
  • Separate Lower Level Banquet Space
  • Lower Level Prep / Catering Kitchen
  • Upscale 2006 Construction & Build Out
  • High Visibility Corner Location

Description

7,581 sf fully fixtured restaurant and banquet/catering facility in downtown Geneva. 3,648 SF first floor restaurant with 568 SF patio, plus 3,933 sf lower level including 1,633 SF kitchen and 2,300 SF banquet space.

Upscale street level restaurant features open kitchen with 16' hood, bar, and dining room. Second entrance off Sixth St is ideal for carry out and private event access.

Lower level, with elevator access, features prep and catering kitchen with two additional 12' hoods, walk-in cooler and freezer, dish area, 2 compartment sinks, dry storage, office, and liquor storage. Banquet space features additional bar, extra men's & women's restrooms, storage, etc.

The rental rate is $16/sf net, plus $7/sf operating expenses (CAM). The lease will be written as a gross lease with tax stops.

The property is located at the southeast corner of State St (Rt 38) & Sixth St on the west side of downtown Geneva. It is short walk from Third St, Kane County courthouse, and the Metra train station. The location is surrounded by convenience & specialty retail and successful restaurants including Bien Trucha, Josef's Meats, Aurelio's Pizza, Cocoa Bean Cafe, and Nobel House. Traffic Counts (CoStar 2015): 29,000 VPD.