2 S Lincolnway St - Convenience Store FOR SALE


North Aurora, IL 60542
$1,250,000 USD
631-572-1428
2 S Lincolnway St, North Aurora, IL for Sale
$1,250,000 USD
Convenience Store - FOR SALE
1/6
null | 6% Cap Rate

2 S Lincolnway St
North Aurora, IL 60542


HIGHLIGHTS

  • Huge increases to help fight against inflation - 15% every 5 years
  • Long term operating history for over 20 years at this location
  • A recent lease extension shows the tenants commitment to the location
  • Absolute NNN lease provides for stable, headache free income
  • Property is located on a hard corner at a traffic light regulated intersection with convenient ingress and egress points

OVERVIEW

Invest in a prime 7-Eleven property in North Aurora, IL, with no management responsibilities! This exceptional asset features a newly extended lease, providing long-term stability and peace of mind for investors. With over 20 years of successful operation at this location, 7-Eleven has established a loyal customer base and strong community presence. Coupled with a significant 15% rent increase, this investment promises not only reliable income but also growth potential. Seize the opportunity to secure a proven, hassle-free investment in a thriving market!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B-3

APN/PARCEL ID

15-04-254-024

ASK ABOUT THIS PROPERTY

Nicolas AnzaloneSilber Investment Properties, LTDMore Info
631-572-1428

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Nicolas AnzaloneSilber Investment Properties, LTDMore Info
631-572-1428

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