1560 Algonquin Rd - Auto Repair FOR SALE


Algonquin, IL 60102
$1,615,000 USD
760-930-7931
1560 Algonquin Rd, Algonquin, IL for Sale
$1,615,000 USD
Auto Repair - FOR SALE
1/3
null | 6.5% Cap Rate

1560 Algonquin Rd
Algonquin, IL 60102


HIGHLIGHTS

  • 15-YR. ABSOLUTE NNN LEASE WITH CORPORATE GUARANTY
  • STRONG PERFORMING LOCATION WITH 23-YR. OPERATING HISTORY
  • 129,223 RESIDENTS IN GROWING TRADE AREA

FOR SALE DETAILS

PRICE

$1,615,000 USD

PRICE/SF

$489 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Strickland Brothers Oil | Corporate Guarantee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

Commercial

APN/PARCEL ID

19-35-330-007

ASK ABOUT THIS PROPERTY

Thomas LadtColliersMore Info
760-930-7931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Thomas LadtColliersMore Info
760-930-7931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.