Listed by Unique Properties, Inc
$700,000
754 Peoria St
Details
Property Type Retail
Sub Type Gas Station
Square Footage 1,593
Pumps 6
Cap Rate 8.03%
NOI $56,200
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 08/03/2034
Remaining Term 9.5
Rent Bumps Yes
Lease Options No
Price per SqFt $439
Year Built 1954
Year Renovated 2001
Buildings 1
Stories 1
Acreage 0.340
Zoning MU-C
Investment Type Net Lease
Lease Commencement 08/02/2024
Occupancy Date 08/02/2024
Ground Lease No
Service Station with 8.03% CAP | 10 year NNN Lease in place
Marketing description
6 pump service station in high traffic area- 10 year NNN lease in place!
Investment highlights
New 10-year lease with 4% annual increases
6 pump service station in the Hoffman Heights Shopping Center
Bonus depreciation available for new owner. See page 4
High traffic counts on Peoria and 6th Ave (17,553 VPD)
Quick and convenient access to I-225, 6th Avenue, and E Colfax Avenue
Listing Contacts
Listed by Unique Properties, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,200.00
$4,683.33/mo
Valuation Metrics
0
DSCR
8.03%
Cap Rate
8.03%
ROI
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