1295-1305 Randall Rd - Health Club FOR SALE
Crystal Lake, IL 60014 |
1295-1305 Randall Rd
Crystal Lake, IL 60014
HIGHLIGHTS
- Located at the signalized intersection of three major roads - Randall Road, Ackman Road and McHenry Avenue | Average Daily Traffic Counts ~50,000 Cars
- Class A construction | Built in 2008 | Priced at a 7.75% cap rate and $187/sf | Cash on Cash return of over 11% at list price
- 100% Occupied with a Weighted Average Lease Term of 46.3 Months
- Shadow-anchored by a 24-hour CVS | Located 0.5 miles from Crystal Lake High School with 1,800 students
- Strong demographics | 70,000 people live within a 3-mile radius | Average household incomes exceed $120,000 annually
- Ownership recently executed three new leases at a higher rent per square foot than the average rent per square foot in the center
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Health Club
TOTAL BUILDING SIZE
16592
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
116
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
19-18-282-004,19-18-282-005
