2015 N Rand Rd - Auto Dealership FOR SALE


Palatine, IL 60074
$6,500,000 USD
847-529-7529
2015 N Rand Rd, Palatine, IL for Sale
$6,500,000 USD
Auto Dealership - FOR SALE
1/19
null | Request Cap Rate

2015 N Rand Rd
Palatine, IL 60074


HIGHLIGHTS

  • Modern, multi-story building on ±5.0 acres
  • Showroom, service, office and storage areas
  • Potential to add 6 drive-through bays for truck maintenance, truck repair, or fleet maintenance uses
  • Ideal retail and/or truck repair maintenance facility
  • Flexible PUD zoning supports a diversity of commercial businesses
  • Potential Class 7 Tax Abatement

OVERVIEW

2015 N Rand Road features a ±53,000-square-foot building situated on a ±5.0-acre site, offering a fully paved yard with parking capacity for up to 283 vehicles. POTENTIAL CLASS 7 TAX ABATEMENT

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Harley Davidson

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

283

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

PUD

APN/PARCEL ID

02-02-203-067-0000,02-02-203-068-0000

ASK ABOUT THIS PROPERTY

Michael MaglianoCushman & WakefieldMore Info
847-529-7529

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Michael MaglianoCushman & WakefieldMore Info
847-529-7529

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