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Strickland Brothers | Des Plaines, IL 827 Elmhurst Rd

1,700 SF Retail Building Des Plaines, IL 60016 £1,672,451 (£984/SF) 6.65% Net Initial Yield

Investment Highlights

  • Brand-New Construction Single-Tenant Strickland Brothers 10-Minute Oil Change; Pad to High-Volume Jewel-Osco
  • Dense, Affluent Demographics: 259,592 people with average household incomes of $112,379 within a 5-mile radius
  • Corporate guaranteed lease | Absolute NNN lease with zero landlord responsibilities | 10% increases every 5 years
  • Excellent Surrounding Residential Density & Daytime Traffic Generators: 103,282 households w/in a 5-mile radius

Executive Summary

Absolute NNN 15-Year Lease | Full Corporate Guaranty (250+ Locations) | Affluent Chicago Suburb; $112,000+ AHHI

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,700 SF
Building Class
C
Year Built
2024
Price
£1,672,451
Price Per SF
£984
Net Initial Yield
6.65%
NOI
£111,233
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.47 AC
Frontage
106 ft on Elmhurst Road

Links

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827 Elmhurst Rd, Des Plaines, IL - aerial map view - Image1
827 Elmhurst Rd, Des Plaines, IL - aerial map view - Image2
827 Elmhurst Rd, Des Plaines, IL - aerial map view - Image3
827 Elmhurst Rd, Des Plaines, IL - aerial map view - Image4
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Anytime Fitness
Fifth Third Bank
Jewel-Osco
Huntington National Bank
BMO
Planet Fitness
Bank Of America
Boston Market
PNC Bank
Chase Bank

PROPERTY TAXES

Parcel Number 08-24-100-031-0000 Improvements Assessment £5,808
Land Assessment £23,818 Total Assessment £29,626

PROPERTY TAXES

Parcel Number
08-24-100-031-0000
Land Assessment
£23,818
Improvements Assessment
£5,808
Total Assessment
£29,626
(844) 585-7682

  • Listing ID: 32892599

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 827 Elmhurst Rd, Des Plaines, IL 60016

The Retail Property at 827 Elmhurst Rd, Des Plaines, IL 60016 is currently available For Sale. Contact Hanley Investment Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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827 Elmhurst Rd, Des Plaines, IL for sale Building Photo- Image 1 of 7
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827 Elmhurst Rd, Des Plaines, IL for sale Site Plan- Image 2 of 7
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827 Elmhurst Rd, Des Plaines, IL for sale Aerial- Image 3 of 7
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827 Elmhurst Rd, Des Plaines, IL for sale Aerial- Image 4 of 7
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827 Elmhurst Rd, Des Plaines, IL for sale Aerial- Image 5 of 7
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© 2024 CoStar Group

Strickland Brothers | Des Plaines, IL | 827 Elmhurst Rd
(844) 585-7682 x

Strickland Brothers | Des Plaines, IL | 827 Elmhurst Rd

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Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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