Strickland Brothers | Des Plaines, IL | 827 Elmhurst Rd
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-24-100-031-0000 | Improvements Assessment | $10,253 CAD |
Land Assessment | $42,047 CAD | Total Assessment | $52,301 CAD |
PROPERTY TAXES
Parcel Number
08-24-100-031-0000
Land Assessment
$42,047 CAD
Improvements Assessment
$10,253 CAD
Total Assessment
$52,301 CAD
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Strickland Brothers | Des Plaines, IL | 827 Elmhurst Rd
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