1740 Army Trail Road
Addison, IL
Price:
$3,915,000
Cap Rate:
5.00%
NOI:
$195,750
Building Size:
Approx. 3062 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 15-Year Corporate Net Lease w/ 7.5% Rent Bumps
- Subject Property is a New Build-To-Suit with 7-Eleven, Inc.
- Signalized Intersection of Army Trail Blvd & N Rohlwing Rd. (130,395 VPD)
- Near Sam’s Club, Walmart, Home Depot, Walgreens, Taco Bell
- Strong Income Demos with $114,494 within a 5-mile Radius
- Addison | In Chicago MSA | Population: 36,000+