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Strickland Brothers | Des Plaines, IL 827 Elmhurst Rd

1,700 SF Retail Building Des Plaines, IL 60016 $2,973,708 CAD ($1,749 CAD/SF) 6.65% Cap Rate

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
$2,973,708 CAD
Price Per SF
$1,749 CAD
Cap Rate
6.65%
NOI
$197,779 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.47 AC
Frontage
106 ft on Elmhurst Road
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.®

Nearby Major Retailers

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-24-100-031-0000
Land Assessment
$42,047 CAD
Improvements Assessment
$10,253 CAD
Total Assessment
$52,301 CAD
  • Listing ID: 32892599

  • Date on Market: 2024-08-20

  • Last Updated:

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

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