2565 Algonquin Rd - Office FOR SALE
Algonquin, IL 60102 |
$2,834,472 USD
949-662-2256
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.
FOR SALE DETAILS
PRICE
$2,834,472 USD
PRICE/SF
$563 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Community Veterinary Partners | +11 Years
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.78 AC
LAND SF
34,163 SF
ZONING
-
APN/PARCEL ID
19-30-426-023
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949-662-2256
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949-662-2256
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