2565 Algonquin Rd - Veterinarian/Kennel FOR SALE


Algonquin, IL 60102
$2,853,830 USD
949-662-2256
2565 Algonquin Rd, Algonquin, IL for Sale
$2,853,830 USD
Veterinarian/Kennel - FOR SALE
1/3
null | 6.75% Cap Rate

2565 Algonquin Rd
Algonquin, IL 60102


HIGHLIGHTS

  • NNN Lease with ±11.47 Years Remaining and 3% Annual Rent Increases for Built-In Inflation Protection.
  • Single-Tenant Veterinary Hospital Operated by Community Veterinary Partners, a Leading National Operator.
  • Prime Signalized Corner Location with ±65,900 Vehicles Per Day and Excellent Visibility.
  • Very Passive Lease Structure with Minimal Landlord Responsibilities Throughout the Term.
  • Diverse Revenue Streams from General Practice, Dentistry, Diagnostics, and 24/7 Emergency Care.
  • Surrounded by Major Retailers Including Target, Walmart, Trader Joe’s, and Costco Within 2 Miles.

OVERVIEW

Broker of Record Matthew M. Fitzgerald License # 478027547, 471021676 (IL) Matthews Real Estate Investment Services, Inc 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,853,830 USD

PRICE/SF

$567 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Community Veterinary Partners | +11 Years

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,878 SF

ZONING

-

APN/PARCEL ID

19-30-426-023

ASK ABOUT THIS PROPERTY

Andrew EvansMatthews Real Estate Investment ServicesMore Info
949-662-2256

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Andrew EvansMatthews Real Estate Investment ServicesMore Info
949-662-2256

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