Strickland Brothers - Chicago MSA
Retail | 6.75% CAP | 1,781 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Strickland Brothers in Montgomery, IL. This property is a 2023 construction with over 13 years remaining on the primary lease term, featuring an absolute NNN lease with zero landlord responsibilities and 10% rental increases every five years.
Property Website: https://trinityreis.com/listing/1971-us-route-30/
In cooperation with Brian Brockman at Bang Realty-Illinois, Inc | IL #471020548 | [email protected] | (513) 898-1551
Investment highlights
2023 Construction – Strickland Brothers 10 Minute Oil Change With 13+ Years Remaining on the Primary Term
Absolute NNN Lease With Zero Landlord Responsibilities
10% Rental Increases Every 5 Years Throughout Primary Term and Options
Chicago MSA With 166K+ Residents Within 5 Miles Having an Average Household Income of Over $108K
Near Signalized Corner Intersection of Base Line Rd and Orchard Rd With Combined 45,100 VPD
Situated Across From Walmart Supercenter and Near Several Retailers Including Aldi, Starbucks, Dollar Tree and More
Strickland Brothers was Founded in 2016 and Currently has Approximately 250+ Locations
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