322 State Rte, Antioch, IL 60002
2,201 SF | Retail Building | Antioch, IL 60002 | $2,967,518 ($1,348/SF) | 5.60% Cap Rate
For Sale
Active
Asking Price $2,967,518
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,201 SF
- Price / Square Foot
- $1,348
Listing Contacts
Haidyn DeJean
Simon Assaf
Property Overview
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
Property Details
- Year Built
- 1990
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 43,124 SF
Highlights
- HIGH SALES LOCATION – Top performing store with sales signi?cantly above Taco Bells average unit volume
- ABSOLUTE NNN LEASE – Tenant is responsible for taxes, insurance, CAM, and maintenance making this investment completely passive
- ATTRACTIVE RENTAL INCREASES – The lease is subject to 10% rental increases every 5 years, providing a hedge against in?ation
- COMBINED TRAFFIC COUNTS EXCEED 24,000 VPD – Bene?ts from strategic placement on Route 173 (12,000+ VPD), the most trafficked intersection in Antioch
- IGH PROFILE RETAIL CORRIDOR – Site bene?ts from its immediate proximity to Antioch’s main retail corridor, home to various retailers
- 3RD LARGEST MSA IN THE COUNTRY – The Chicago MSA stands as the 3rd largest metropolitan area in the country, home to over 9.4 million residents
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].