2701 Sheridan Rd - Freestanding FOR SALE


Zion, IL 60099
$1,373,000 USD
248-702-0288
2701 Sheridan Rd, Zion, IL for Sale
$1,373,000 USD
Freestanding - FOR SALE
1/5
null | 6.25% Cap Rate

2701 Sheridan Rd
Zion, IL 60099


HIGHLIGHTS

  • ATI Exercised its Two Remaining Option Periods | New 10-Year Term
  • 2% Annual Increases Throughout Base Term
  • Location Averages 14K+ Visits Per Year (Placer.ai)
  • 'Naked Lease' Offers Landlord Leverage | ATI Does Not Have Any Options Remaining
  • New Roof in March 2015 with 15 Year Transferable Warranty
  • Located on Signalized Hard Corner with Great Visibility from Sheridan Road with Over 18,200 VPD+

OVERVIEW

ATI Exercised its Two Remaining Option Periods | New 10-Year Term

FOR SALE DETAILS

PRICE

$1,373,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ATI Physical Therapy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

04-22-310-001

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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