1748 N Harlem Ave - Freestanding FOR SALE
Elmwood Park, IL 60707 |
$2,071,417 USD
248-709-3135
1748 N Harlem Ave
Elmwood Park, IL 60707
HIGHLIGHTS
- 30+ Year Operating History as Pet Supplies Plus w/ 8.5+ Years of Term Remaining
- Corporate Guarantee (PSP Stores, LLC) - 750+ Stores and $2,000,000,000 in Annual Revenue
- (2) Base Term Increases: Rent to increase to $136,715 in 10/2027 and to $150,385 in 10/2031
- High Barriers to Entry Market- Elmwood Park has an Extremely Limited Supply of Retail Assets Available for Sale or Lease
OVERVIEW
- 30+ Year Operating History as Pet Supplies Plus w/ 8.5+ Years of Term Remaining
- Corporate Guarantee (PSP Stores, LLC) - 750+ Stores and $2,000,000,000 in Annual Revenue
-(2) Base Term Increases: Rent to increase to $136,715 in 10/2027 and to $150,385 in 10/2031
- High Barriers to Entry Market- Elmwood Park has an Extremely Limited Supply of Retail Assets Available for Sale or Lease
FOR SALE DETAILS
PRICE
$2,071,417 USD
PRICE/SF
$312 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
0.37 AC
LAND SF
16,117 SF
ZONING
-
APN/PARCEL ID
12-36-423-059-0000
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248-709-3135
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248-709-3135
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