1740 Army Trail Blvd
Addison, IL
Price:
$3,915,000
Cap Rate:
5.00%
NOI:
$195,750
Building Size:
Approx. 3,062 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2021
Investment Overview
- 2021 Construction. 3,062+/- SF Building on 0.54+/- Acre Site
- Brand New Build-to-Suit, 15-Year NNN Lease, with 7.5% Rental Increases Every 5-Years
- Strategically Located Just Off I-355 (38,200+ VPD), a Primary North/South Interstate w/ 32 Miles of Direct Access to Chicago’s Suburbs
- Near UPS Addison, IL Hub (300,000+ SF) & Several Million SF of Industrial/Retail Businesses
- Immediate Trade Area Features 275,000+ Estimated Population
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- Addison | 20 Miles from Downtown Chicago, IL | Population: 36,724+ (MSA Population: 9.4M+)