6350 W 135th St - Service Station FOR SALE


Palos Heights, IL 60463
$2,710,000 USD
310-936-1050
6350 W 135th St, Palos Heights, IL for Sale
$2,710,000 USD
Service Station - FOR SALE
1/5
null | 6.75% Cap Rate

6350 W 135th St
Palos Heights, IL 60463


HIGHLIGHTS

  • 7-Eleven Anchored Center: Corporate guaranteed lease with investment-grade tenant (S&P: A, Moody’s: Baa2)
  • Immediate Stability with Long-Term Upside: An additional 4,800 sq ft of small box space alongside 7-Eleven is either vacant or leased at below market
  • Expressway Accessible: 3 miles from I-294, which connects the northwest & southwest suburbs of Chicago and experiences over 150,000 vehicles per day
  • Chicago MSA: 3rd most populous city in the U.S. (2.7 million people) and 3rd largest MSA in the U.S. (10 million people)
  • Proximity to MDW: Located 11.5 miles S of Midway Intern Airport, underwent a $400M capital improvement program & sees over 22M travelers per year
  • Ease of Access: The subject property has its own dedicated points of ingress/egress along West 135th Street and Ridgeland Avenue

OVERVIEW

Long-Term Historical Occupancy | Chicago MSA | 100% Leased

FOR SALE DETAILS

PRICE

$2,710,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Center | Palos Heights, IL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

business

APN/PARCEL ID

24-32-300-013-0000

ASK ABOUT THIS PROPERTY

Brad DessyHanley Investment GroupMore Info
310-936-1050

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Brad DessyHanley Investment GroupMore Info
310-936-1050

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