Listed by Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake - Voris - Pro
$1,600,000
4590 Princeton Lane
Details
APN 1814411001
Property Type Retail
Sub Type Storefront, Retail/Stores
Square Footage 8,000
Net Rentable (SqFt) 7,941
Units 6
Cap Rate 7.03%
NOI $112,547
Occupancy 100%
Lease Type NNN
Price per SqFt $200
Year Built 2006
Buildings 1
Lot Size (SqFt) 43,238
Zoning RTAIL
Investment Type Stabilized
Long term tenants, Recent Renewals
Marketing description
Fully Leased Commercial / Retail Strip. 6 Units in Total, 3 Tenants Occupy. 2 Tenants are national brands. Great Neighborhood, NNN Leases.
Investment highlights
- 100% Occupancy with creditworthy tenants
- National anchors: Huntington Learning Center & State Farm
- Prime residential location near Algonquin Road corridor
- Affluent area: 5-mile median HH income >$101,000
- Low-risk, predictable income stream
Listing Contacts
Listed by Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake - Voris - Pro
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,547.00
$9,378.92/mo
Valuation Metrics
0
DSCR
7.03%
Cap Rate
7.03%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
