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New Salvation Army 8325 Lemont Rd

13,700 SF Retail Building Darien, IL 60561 £3,178,239 (£232/SF) 6.50% Net Initial Yield

Executive Summary

New 10 year lease with corporate Salvation Army. Outstanding credit, long term lease, and many recent updates (ie all new HVAC, new roof, parking lot) make this pristine all brick building in an affluent Chicago suburb of Darien Illinois very attractive to all buyer types.
The former CVS, constructed in 2000, has been leased to The Salvation Army which has a longstanding history in affluent Darien as this is a relocation. Darien trade area boasts Avg HHI over $116,000.

Attachments

SA OM 8325 LEMONT ROAD DARIEN IL Q1-25 PDF

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,700 SF
Building Class
B
Year Built/Renovated
2000/2024
Price
£3,178,239
Price Per SF
£232
Net Initial Yield
6.50%
NOI
£206,554
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
2.02 AC
Zoning
B3, Darien
Parking
68 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
252 ft on Lemont Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru
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Nearby Major Retailers

PNC Bank
Planet Fitness
XSport Fitness
Starbucks
Orangetheory Fitness
9Round
Noodles & Company
Fifth Third Bank
Jenny Craig
Pepe's Mexican Restaurants

PROPERTY TAXES

Parcel Number 09-32-301-039 Improvements Assessment £477,288
Land Assessment £172,176 Total Assessment £649,463

PROPERTY TAXES

Parcel Number
09-32-301-039
Land Assessment
£172,176
Improvements Assessment
£477,288
Total Assessment
£649,463
(630) 205-7384

Contact

  • Listing ID: 34292447

  • Date on Market: 26/12/2024

  • Last Updated:

  • Address: 8325 Lemont Rd, Darien, IL 60561

The Retail Property at 8325 Lemont Rd, Darien, IL 60561 is currently available for sale. Contact Oakridge Realty for more information.

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© 2024 CoStar Group

New Salvation Army | 8325 Lemont Rd
(630) 205-7384 x

New Salvation Army | 8325 Lemont Rd

Michael Peirce

(630) 205-7384

(630) 205-7384

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