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9500 W Lincoln Hwy

11,250 SF 100% Leased Retail Building Frankfort, IL 60423 £2,445,900 (£217/SF) 9.25% Net Initial Yield

Investment Highlights

  • Prime Location with High Traffic Exposure
  • Well-Maintained Building
  • Strong Income Potential
  • Ample Parking and Exclusive Access

Executive Summary

Exclusive opportunity awaits! This exceptional investment property would make an excellent addition to your portfolio. Conveniently located in a premier location of Frankfort with an extremely high traffic count and exposure. The building has excellent income production, is well maintained and has quality long-term tenants. Surrounded by well established businesses like Mariano's and Walgreens. Exclusive entrance with a parcel size of 1.07 acres. Other features include; 79 parking spaces, recently replaced furnaces, A/C systems, water heaters in all the units and a newer roof. This all brick building will exceed your expectations in this continuously growing community. 100% leased.
Current tenants; Sorriso Ristorante & Bar, Alsalam market, Currency Exchange, Advanced Aquatics, Mr. Barber and Perfect Nails.

Attachments

Sales Brochure

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,250 SF
Building Class
C
Year Built
1979
Price
£2,445,900
Price Per SF
£217
Net Initial Yield
9.25%
NOI
£226,128
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Land Acres
1.07 AC

Nearby Major Retailers

Jewel-Osco
Anytime Fitness
Harold's Chicken Shack
U.S. Bank
Noodles & Company
Orangetheory Fitness
Mariano's
Starbucks
Walts Food Center
Butera Market
  • Listing ID: 31335914

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 9500 W Lincoln Hwy, Frankfort, IL 60423

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