Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Chicago
$3,665,000
Decatur, IL - Circle K Car Wash
Details
APN 07-07-26-376-017
Property Type Retail, Special Purpose
Sub Type Gas Station, Storefront
Square Footage 6,886
Units 1
Cap Rate 6.75%
NOI $247,377
Occupancy 100%
Tenancy Single
Brand/Tenant Circle K
Lease Type Absolute NNN
Lease Term 7
Lease Options 4 (5-Year)
Acreage 0.600
Zoning B2
Parking Spaces 20 spaces
Parking Per SqFt 2.90
Tenant Credit Corporate Guarantee
Ownership Fee Simple (Land & Ownership)
Outparcel to a grocery anchored power center
Investment highlights
7 Years Remaining | Options To Extend | Scheduled Rental Increases | Circle K Credit
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Hickory Point Mall | Walmart Supercenter | Dense Retail Corridor
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach, SRS Real Estate Partners Chicago
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$247,377.00
$20,614.75/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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