Property Listing No Longer Available for Sale

400 West Northwest Hwy, Arlington Heights, IL

Retail for Sale - $1,359,000


Property Info

CIMLS#830715
Location
  400 West Northwest Hwy
  Arlington Heights IL 60004
UpdatedJune 19th, 2016
TypeRetail
Price$1,359,000

Property Description

Fully leased multi-tenant automotive center for sale along Northwest Highway across from the Metra Station in Arlington Heights. The center is 20,794 square ft, consisting of 6 (6) units, and is fully leased by long term tenants including AAMCO and Meineke. Unit sizes range from 2,266 - 5,000 sq. feet. All but 1 of the units feature at least one 12' overhead door. Excellent investment opportunity for either an investor or an owner/user looking to occupy a portion of the building and offset expenses with income already in-place. Current leases are short-term and provide flexibility. Property is bank owned. Location Description:<br />

The property is located at the northeast corner of Northwest Highway and Walnut Avenue in Arlington Heights. Northwest Highway runs northwest/southeast and averages approx 14,400 vehicles per day. Walnut Avenue runs north/south and is lightly trafficked, averaging approx 2,100 vehicles per day. Highlights:<br />


Financials



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