eXp Realty
Listed by eXp Realty, eXp Commercial, LLC.
$1,995,000
105 IL-71
Details
APN 0706402005
Property Type Retail
Sub Type Storefront, Retail/Stores
Square Footage 9,520
Units 1
Cap Rate 7.16%
NOI $142,800
Year Built 2007
Stories 2
Lot Size (SqFt) 78,137
Zoning COMMR
Retail | 7.16% CAP | 9,520 SqFt
Marketing description
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
Listing Contacts
eXp Realty
Listed by eXp Realty, eXp Commercial, LLC.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$142,800.00
$11,900.00/mo
Valuation Metrics
0
DSCR
7.16%
Cap Rate
7.16%
ROI
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