1205 N Rand Rd, Prospect Hts - Auto Repair FOR SALE


Prospect Heights, IL 60070- Des Plaines/Arlington Hts Corridor
$745,000 USD
630-805-2463
1205 N Rand Rd, Prospect Hts, Prospect Heights, IL for Sale
$745,000 USD
Auto Repair - FOR SALE
1/1
null | 8.72% Cap Rate

1205 N Rand Rd, Prospect Hts
Prospect Heights, IL 60070
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • Auto repair facility
  • 100% occupied by credit tenant Auto Glass Now, with a corporate guarantee from Driven Brands
  • Lease is a NNN with tenant paying everything except roof and structural repairs
  • 24,000 cars passing by a day
  • 6 service bays and 24 parking spaces

OVERVIEW

• Auto repair facility • 100% occupied by credit tenant Auto Glass Now, with a corporate guarantee from Driven Brands • Lease is a NNN with tenant paying everything except roof and structural repairs. Lease expires 5/28 but has three 5-year renewal options • High-visibility retail corridor - over 24,000 cars passing by a day o 6 service bays o 24 parking spaces

FOR SALE DETAILS

PRICE

$745,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

8.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

B2A

APN/PARCEL ID

03-21-305-001-0000

ASK ABOUT THIS PROPERTY

Troy GoldenGolden Group Commercial Real EstateMore Info
630-805-2463

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Troy GoldenGolden Group Commercial Real EstateMore Info
630-805-2463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.