2565 Algonquin Rd - Office FOR SALE
Algonquin, IL 60102 |
$2,853,830 USD
949-662-2256
2565 Algonquin Rd
Algonquin, IL 60102
HIGHLIGHTS
- ±11 years remaining on NNN lease with 3% annual rent escalations and two 5-year options
- Veterinary hospitals are recession resistant with e-commerce immunity vs. traditional retail
- Pet hospitals rarely relocate due to patient retention difficulty and high build-out costs
- ±5,037 SF practice with excellent visibility and access to I-90 and IL-31
- Surrounded by Target, Walmart, Trader Joe's, Costco, and Home Depot within ±2 miles
- Global veterinary services market expected to reach $142 Billion by 2025, CAGR of 5.6%
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
Dundee Animal Hospital
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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