Property Listing No Longer Available for Sale

21367 - HOFFMAN ESTATES, Hoffman Estates, IL

Retail for Sale - $3,150,000 - 13,500 Sq. Ft.


Property Info

CIMLS#135240
Location
  21367 - HOFFMAN ESTATES
  Hoffman Estates IL 60169
UpdatedMay 1st, 2012
TypeRetail
Price$3,150,000
Building13,500 Sq. Ft.

Property Description

This building was constructed in 1995. The building and land is double net leased

which commenced in 1995 and is up for renewal in 2015, when there are 8 five-year options to 2055. The subject property consists of a free standing building and contains 13,500 square feet with a drive-thru on 1.28 acres in Hoffman Estates, Illinois.

The property is located on Golf Rd., 2 blocks from hospital, in a densely populated area and experiences high daily traffic. Hoffman Estates is an affluent suburb of Chicago and is located 28 miles northwest of the Chicago loop.

The same owner has another Walgreens for sale in Sterling IL. Two properties can be bought in a package at a price of $3,000,000 each, yielding a 7.5% cap rate.

Double net which commenced in 1995 and is up for renewal in 2015 when there are (8) five-year options to 2055. (Br # 21367)

FOR MORE INFORMATION PLEASE CONTACT OLGA ROSADO 305-962-7186 OR RANDY NORTH 954-483-0909


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