855-865 E Geneva Rd - Freestanding FOR SALE
Carol Stream, IL 60188- Glen Ellyn to West Chicago Corridor |
$2,026,400 USD
262-672-8388
855-865 E Geneva Rd
Carol Stream, IL 60188
Glen Ellyn to West Chicago Corridor
HIGHLIGHTS
- LONG-TERM NET LEASE: This property is secured by a long-term NNN lease, requiring minimal landlord responsibilities.
- ANNUAL RENTAL INCREASES: The lease features 2% annual rental escalators, giving investors a hedge against inflation.
- PROVEN INDUSTRY WITH E-COMMERCE RESISTANCE: Healthcare operators aren’t prone to the same competition that many retail tenants face.
- PROXIMITY TO OTHER NATIONAL BRANDS: The property is near a retail trade area that includes many national brands.
- HIGH INCOME AND DENSE POPULATION: Within a five-mile radius of the site, the population exceeds 250,000 residents.
- ESTABLISHED AND GROWING TENANT: Midwest Express Clinic is a leading urgent care operator with approximately 53 locations across IL & IN.
FOR SALE DETAILS
PRICE
$2,026,400 USD
PRICE/SF
$680 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Midwest Express Clinic | NNN | 2% Rent Bumps
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Fast Food, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
C
APN/PARCEL ID
05-04-400-053
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262-672-8388
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262-672-8388
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