2701-2797 W Algonquin Rd - Freestanding FOR SALE


Algonquin, IL 60102
$5,500,000 USD
2701-2797 W Algonquin Rd, Algonquin, IL for Sale
$5,500,000 USD
Freestanding - FOR SALE
1/3
null | 6.03% Cap Rate

2701-2797 W Algonquin Rd
Algonquin, IL 60102


OVERVIEW

PRIME RETAIL CENTER ALONG MAJOR SHOPPING CORRIDOR, BUILT IN 2005. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED LED SIGNAGE. QUALITY DEMOGRAPHICS. CURRENT TENANTS INCLUDE ILLINOIS BONE & JOINT, ALLSTATE INSURANCE, CODE NINJAS AND CD PRICE ONE CLEANERS. MANY LONGER TERM TENANTS. CAP RATE 6.03. SHORT WALK TO RANDALL ROAD. RENT ROLL AVAILABLE W/ NON-DISCLOSURE AGREEMENT.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

6.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Winding Creek Shopping Center 7.45 CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

158

LAND DETAILS

CROSS STREETS

Talaga Dr

LAND ACRES

3.51 AC

LAND SF

152,896 SF

ZONING

B-2

APN/PARCEL ID

19-30-404-002,19-30-405-001

ASK ABOUT THIS PROPERTY

Jack MineroBerkshire Hathaway Homes Services Starck RealtyMore Info

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