6350 W 135th St - Service Station FOR SALE


Palos Heights, IL 60463
$3,305,000 USD
310-936-1050
6350 W 135th St, Palos Heights, IL for Sale
$3,305,000 USD
Service Station - FOR SALE
1/5
null | 7% Cap Rate

6350 W 135th St
Palos Heights, IL 60463


HIGHLIGHTS

  • 7-Eleven-Anchored Center: 100% leased center with long-term leases through 2030 and 2036
  • Corporate-guaranteed net lease with investment-grade tenant (S&P: A-)
  • 7-Eleven recently exercised two consecutive options and currently has 10 years remaining, showing commitment to the location
  • Attractive Price Point / Rent Structure: Lowest-priced 7-Eleven anchored center currently for sale in the Chicagoland area
  • Best-in-Class Retailer: With $69 billion in global annual sales
  • Hard-Corner Signalized Intersection Location: Situated at the northeast corner of W. 135th Street and S. Ridgeland Avenue

OVERVIEW

Long-Term, In-Place Leases | Chicago MSA | Tax-Advantaged Basis

FOR SALE DETAILS

PRICE

$3,305,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven | Palos Heights, IL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

business

APN/PARCEL ID

24-32-300-013-0000

ASK ABOUT THIS PROPERTY

Brad DessyHanley Investment GroupMore Info
310-936-1050

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Brad DessyHanley Investment GroupMore Info
310-936-1050

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