Listed by CBRE - Oak Brook
$2,460,000
Local MD Urgent Care
Details
APN 29-32-401-036-0000
Property Type Retail
Sub Type Storefront
Square Footage 4,278
Net Rentable (SqFt) 4,278
Units 1
Cap Rate 6%
NOI $147,550
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 16.1
Lease Expiration 09/30/2034
Remaining Term 8.2
Lease Options 3
Price per SqFt $575
Year Built 2005
Buildings 1
Stories 1
Acreage 0.820
Zoning B-4: Shopping Center District - Planned Unit Development
Parking Spaces 49 spaces
Parking per 1,000 SqFt 11.45
Investment Type Net Lease
Lease Commencement 09/14/2018
Occupancy Date 09/14/2018
Ownership Fee Simple
3% Annual Rent Bumps | Recent Expansion | T.J. Maxx, ROSS, Best Buy, Five Below Shadow Anchor
Investment highlights
Long Term Lease with 3% Annual Increases
Commitment to Site with Recent Expansion
Minimal Landlord Responsibilities
Washington Park Plaza Outparcel
Excellent Visibility and Access
Nearby Development – Hotel & Casino
Listing Contacts
Listed by CBRE - Oak Brook
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,550.00
$12,295.83/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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