713 N Monroe St - Auto Repair FOR SALE


Abingdon, IL 61410
$350,000 USD
309-368-5671
713 N Monroe St, Abingdon, IL for Sale
$350,000 USD
Auto Repair - FOR SALE
1/5
null | Request Cap Rate

713 N Monroe St
Abingdon, IL 61410


HIGHLIGHTS

  • Napa Auto Store wants lease back for 5- 10 years.Paying $3,000.00 per month (NNN)
  • 24 Mini Storage Bukding is included currently receiving $1,200.00 Monthly ( rents have not been raised for several years.
  • Located on Main St. as you arrive in Abingdon on Hwy.41 from Galesburg, Illinois

OVERVIEW

The seller is offering the property for sale with or without a leaseback for the store. The seller would like a 5- to 7-year lease at $3,200 per month, with the potential of two additional 5-year renewal options. The lessee will pay 50% of the property taxes, all utilities, and routine HVAC and plumbing maintenance. The landlord will be responsible for replacing the HVAC, roof, building, and parking lot. In addition, the mini storage generates approximately $1,200 per month in income.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

For-Sale with or without lease back

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

25,960 SF

ZONING

Commercial

APN/PARCEL ID

13-33-155-021

ASK ABOUT THIS PROPERTY

Jerry DahlDahl Real EstateMore Info
309-368-5671

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Jerry DahlDahl Real EstateMore Info
309-368-5671

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