29 N Northwest Hwy
Palatine, IL
Price:
$3,463,363
Cap Rate:
5.50%
NOI:
$189,000
Building Size:
Approx. 4,200 Sq. Ft.
Lot Size:
Approx. 0.73 Acres
Type:
Single-Tenant / Medical
Sub Category:
Medical / Office
Year Built:
2021
Investment Overview
- 2021 Construction. 4,200+/- SF Building on 0.73+/- Acre Site
- New 15 Year Corporate NNN Lease w/ 10% Rent Bump every 5 Years
- Prominent Location in Close Proximity to Hwy 53 (118K VPD)
- Near Dollar Tree, Starbucks, Taco Bell, Shell, Walgreens, U-Haul
- Brand New Build-To-Suit with Physician’s Immediate Care LLC
- Strong Income Demos w/ $132,661 within a 5-Mile Radius
- Palatine | Residential Suburb of Chicago | Population: 68K+