2400 N Richmond Rd - Freestanding FOR SALE


Mchenry, IL 60051
$4,844,419 USD
630-205-7384
2400 N Richmond Rd, Mchenry, IL for Sale
$4,844,419 USD
Freestanding - FOR SALE
1/14
null | 5.25% Cap Rate

2400 N Richmond Rd
Mchenry, IL 60051


HIGHLIGHTS

  • Outlot on Rt 31 in front of Kohl's / Michaels/Aldi anchored SC
  • New 15 year lease
  • Long term tenant to market (20+ years)

OVERVIEW

15 year BMO lease in outlot in front of Kohl's anchored shopping center. Nearby tenants include Meijer, Home Depot, Kohl's, Aldi, Burlington, PetsMart, Michaels, Five Below, and more. BMO has been operating in market for over 20 years (relocation to upsize / modernize branch). Rare 15 year primary term.

FOR SALE DETAILS

PRICE

$4,844,419 USD

PRICE/SF

$992 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BMO Bank - New 15 Yr Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

-

APN/PARCEL ID

09-23-452-001

ASK ABOUT THIS PROPERTY

Michael PeirceOakridge RealtyMore Info
630-205-7384

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Michael PeirceOakridge RealtyMore Info
630-205-7384

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