741 Prairie Pointe Drive, Yorkville, IL
Retail for Sale - $2,830,000 - 1.34 acres
Property Info
| CIMLS# | 818428 |
| Location 741 Prairie Pointe Drive Yorkville IL 60544 | |
| Updated | July 30th, 2015 |
| Type | Retail |
| Price | $2,830,000 |
| Land | 1.34 acres |
Property Description
INVESTMENT HIGHLIGHTS
✓ Long-Term leased portfolio with 14+ years remaining on the initial lease term.
✓ Annual Rent escalations
✓ Two (2) 5-Year options with annual
escalations
✓ Double Net leased properties with minimal landlord responsibilities
✓ 65 Unit operator with locations in Delaware, Illinois, Indiana, Maryland, Massachusetts, New Jersey, New York, North Carolina, Ohio, Pennsylvania,Virginia and Wisconsin
Financials
ACQUISITION COSTS
Purchase Price: $2,830,000
INCOME, EXPENSES & CASH FLOW
Current: Net Income $205,445
Blended: Net Income $254,683
FINANCIAL INDICATORS
Current: Capitalization Rate 7.26%
Blended Cap Rate: 9.00%
