1221 N Caron Rd - Restaurant FOR SALE


Rochelle, IL 61068
$2,574,000 USD
858-373-3174
1221 N Caron Rd, Rochelle, IL for Sale
$2,574,000 USD
Restaurant - FOR SALE
1/2
null | 8.5% Cap Rate

1221 N Caron Rd
Rochelle, IL 61068


HIGHLIGHTS

  • 90% Leased to Five Tenants, Complimentary and Diverse Tenant Mix
  • Taco Bell, Verizon, and Midwest Dental Accounts for 44% of the GLA
  • 2013 Block/Brick Construction with a Drive-Thru
  • Serving Over 51,000 Residents in Ogle County, 25 Miles South of Rockford, 80 Miles East of Chicago
  • Average Household Income Exceeds $90,000 in Primary Trade Area

FOR SALE DETAILS

PRICE

$2,574,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

Commercial

APN/PARCEL ID

25-18-376-002

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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