$1,995,000
( $209.56Per Sq Foot )
$10,710 est/mo Sourced by Back At You105 Il-71 , Newark, IL 60541
Newark, IL 60541
Description
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
Details
| MLS# | 12048739 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 262 |
| Listing Provided By | eXp Realty, LLC | Brittany Zickus |
Features
| SQ Feet | 9,520 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | COMMR |
Market Activity 60541
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Learn More About This Property
| State | IL |
|---|---|
| County | Kendall |
| City | Newark |
| Zip Code | 60541 |
| Area | Newark |
| Listing VS Median (in 60541) | |
Price: $1,995,000 low | high Med: $349,950 SqFt: 9,520 low | high Med: 2,540 $ / SqFt: $210 low | high Med: $225 On Site: 262 low | high Med: 314.000000 | |
Listing Updated: January 22, 2025 at 2:53:28 PM PST