6631 Grand Ave - Storefront FOR SALE


Gurnee, IL 60031
$3,985,000 USD
949-942-6585
6631 Grand Ave, Gurnee, IL for Sale
$3,985,000 USD
Storefront - FOR SALE
1/6
null | 7% Cap Rate

6631 Grand Ave
Gurnee, IL 60031


HIGHLIGHTS

  • • 100%-Occupied 3-Tenant Pad Leased to Corporate Tenants; Long-Standing Successful Operating History • Strategic Location; Outparcel to the 475,000+-S
  • • Excellent Accessibility and Visibility Along Grand Avenue (38,000 CPD); Freeway Proximity
  • • Affluent Demographics: Average household incomes of over $165,000 within a 1-mile radius
  • • Regional Retail Destination; Strong Tenant Synergy from Surrounding Shopping Centers
  • • Located 1-Hour from Downtown Chicago: o 3rd most populous city in the U.S. (2.7 million) and 3rd largest MSA in the U.S. (10 million)

OVERVIEW

100% Corporate Tenants; All Original Tenants with Replaceable Rents; Affluent Demos; $165K AHHI

FOR SALE DETAILS

PRICE

$3,985,000 USD

PRICE/SF

$569 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,831 SF

ZONING

C-2 PUD

APN/PARCEL ID

07-17-201-283

ASK ABOUT THIS PROPERTY

Scott ReidParaSell, Inc.More Info
949-942-6585

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Scott ReidParaSell, Inc.More Info
949-942-6585

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