For Sale
$2,117,000
827 Elmhurst Rd Des Plaines, IL 60016
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Brand-new construction, single-tenant Strickland Brothers 10-Minute Oil Change, adjacent to a high-volume Jewel-Osco. Corporate guaranteed lease (details available upon request).
- Absolute NNN lease; zero landlord responsibilities.
- Rent increases 10% every five years.
- 15-year initial lease term with four 5-year options.
- Fee simple ownership; ideal for bonus depreciation.
- Strickland Brothers: 250+ locations, with over 200 more under development; recent capital infusion from Princeton Equity Group; one of the fastest-growing franchises in the US; ranked in Entrepreneur's 2023 Franchise 500.
Property Details for 827 Elmhurst Rd
- Property type
- Retail properties, Auto shops
- Year Built
- 2024
- Lot Size (sq. ft)
- 20,038 SF
Location Insight
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Latitude
- 42.036357679356
- Longitude
- -87.94008051627
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 827 Elmhurst Rd Des Plaines, IL.
- What is the asking price?
- The asking price for this property is $2,117,000.
- What are key features of this property?
- This property features: Brand-new construction, single-tenant Strickland Brothers 10-Minute Oil Change, adjacent to a high-volume Jewel-Osco. Corporate guaranteed lease (details available upon request).; Absolute NNN lease; zero landlord responsibilities.; Rent increases 10% every five years.
- 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.
- 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 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].
Visit Broker Website