Listed by Berkshire Hathaway HomeServices Starck Real Estate, Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake - Voris - Pro
$5,500,000
2701 - 2799 Algonquin Road
Details
APN 1930405001
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 29,000
Units 16
Cap Rate 6.03%
NOI $320,000
Tenancy Multi
Price per SqFt $190
Year Built 2005
Lot Size (SqFt) 162,000
Zoning RTAIL
Retail | 6.03% CAP | 29,000 SqFt
Marketing description
FULLY LEASED. 6.03 CAP Rate. PRIME RETAIL CENTER ALONG MAJOR SHOPPING CORRIDOR, BUILT IN 2005. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED LED SIGNAGE. QUALITY DEMOGRAPICS. CURRENT TENANTS INCLUDE ILLINOIS BONE & JOINT, ALLSTATE INSURANCE, CODE NINJAS AND CD PRICE ONE CLEANERS. MANY LONGER TERM TENANTS. RENT ROLL AVAILABLE W/ NON-DISCLOSURE. OFFERING MEMORANDUM IN ADDITIONAL INFO.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Starck Real Estate, Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake - Voris - Pro
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$320,000.00
$26,666.67/mo
Valuation Metrics
0
DSCR
5.82%
Cap Rate
5.82%
ROI
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