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33324415
33324416

6200 West Plank Road, Bellevue, IL 61604

BP
CA 02106051
Matthews
Listed by Matthews
$2,240,000
1 day on market
Updated 1 day ago

Brinks

Details
Property Type Retail
Square Footage 21,380
Cap Rate 6.75%
NOI $145,200
Remaining Term 4.2
Ground Lease No

Rare Brink's Portfolio: Two Locations, 30-Year History, Fresh Lease Extensions

Investment highlights

• Long-Term Tenant Commitment - Brink's Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance. The tenant recently executed a new 5-year lease extension, ensuring income stability and reaffirming their commitment to the site.

• Absolute Net Lease – Passive Ownership - The lease is structured on an absolute net basis, with Brink's responsible for all real estate expenses, including property taxes, insurance reimbursement, and maintenance. This structure provides investors with predictable income and a fully passive ownership profile with no management obligations.

• Capital Improvements – New Roof & Perimeter Fence - The property is undergoing significant upgrades, including the installation of a new roof and perimeter security fence. These improvements mitigate long-term capital expenditure risk and enhance asset durability.

• National Credit Tenant – Brink's Inc. - Brink's Inc. (NYSE: BCO) is a global leader in secure logistics, cash management, and security services, operating in more than 100 countries. The company maintains a "BB+" credit rating from S&P, underscoring its financial strength and reliability as a tenant.

• Accessible Price Point – $1,395,000 - Offered at $1,395,000, the property provides investors an opportunity to acquire a national credit tenant at an attractive, accessible basis. The offering is particularly well-suited for private investors and 1031 exchange buyers seeking a stable, long-term investment.

Listing Contacts

BP
CA 02106051
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,200.00
$12,100.00/mo

Valuation Metrics

0
DSCR
6.48%
Cap Rate
6.48%
ROI

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Additional Information

Name
Matthew M. Fitzgerald
License
471021676, 478027547 (IL)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
600 W Fulton, Ste 100 Chicago, IL 60661
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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