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480 S River Road - River Road Center, Des Plaines, IL
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480 S River Road - River Road Center
Des Plaines, IL 60016 - O'Hare Submarket
Property Type:
Retail
Sub Type:
Auto Repair
Status:
Existing
Year Built:
1992
Building Size:
5,382 SF
Land Area:
.31 AC (13,325 SF)
% Leased:
For Sale Price:
$925,000
Price/SF:
$171.87
Cap Rate:
-
Parking:
Ratio of 2.5/1,000 SF
The subject property is a two tenant, 5,362 SF automotive center in the fast developing Northwest suburb of Des Plaines. This center is fully occupied by two automotive tenants, Family Car Care & Best Boys Auto Repair. The property has a prime corner location in downtown Des Plaines at the intersection of River Road & Lee Street. The automotive center boasts easy accessibility through its two separate entrances/exits. Both Lee Street & River Road are considered the two main arteries of downtown Des Plaines, and have high traffic counts.
The subject property is located just north of the Metropolitan Square development, which is comprised of over 100,000 SF of Retail, 22,000 SF of Office, & 142 Luxury Condominiums, along with a 580 space parking garage.
Sale Notes:
Fully leased investment property in a Prime Location!
Excellent Investment Opportunity for any investor type.
Located on Hot River Road Retail Corridor along all the major retailers.
Across the street from McDonald's.
Strong Outstanding Demographics.
Easy In & Out Access.
High Traffic Counts w/Frontage & Visibility on River Road, Lee Road & Elk Blvd.
Located in downtown Des Plaines.
Near I-294 Highway
Located near the Proximity of the New Des Plaines Casino Site.
*Call for further information
CLICK HERE TO CONTACT THE SALES BROKER
S
FOR SALE CONTACTS
Adelphia Properties
George Spirrison
(630) 455-4495
View all my listings
Simeon Spirrison
(630) 455-4495
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