700 W. Irving Park Rd, Bensenville, IL, 60106
Property Highlights
- De-risked Retail Investment by AutoZone Occupancy
- Investment-Grade Tenant Backing - CVS
- 37,900 Vehicles Per Day and 200,000 Five Mile Population
- Nearby Matra Rail Station
- Significant Daytime Population Due To Chicago O’Hare Operations
Property Details
- Price: $3,889,000
- Property Type: Retail
- Transaction Type: For Sale
- Cap Rate: 5.0%
- Building Size: 10,880 SF
- Lot Size: 1.7 AC
- Lease Type: NNN
- Space Use: Retail
- NNN Rent: $194,450
- Building: 10,880 SF free standing
- CVS Lease Expiration: 12/1/40
- Option: (5) 5-year option with 5% increases
- AutoZone Rent: $130,560
- AutoZone Term: New 15 Year Lease
- AutoZone Escalations: 8% every 5-years
Financial Summary
Investment Highlights
Price | $0.00 |
Price / Unit | $0.00 |
Gross Rent Multiplier | 0.00 |
Proposed Loan Amount | $0.00 |
Initial Investment | $0.00 |
Income & Expenses
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
Net Operating Income | $0.00 | $0.00 |
Less Debt Service | $0 | $0 |
Potential Net Cash Flow | $0.00 | $0.00 |
Cash on Cash Return | 0.00 % | 0.00 % |
Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires |
Totals | $ 0.00 | $ 0.00 |