19560 Burnham Ave Lynwood, IL 60411
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Net-leased All Tune and Lube franchisee property with a 5-year lease and two 5-year options.
- 8% cap rate, with a pro-forma cap rate of 8.4%.
- $46,808 Net Operating Income (NOI), with a pro-forma NOI of $49,124.
- Real estate taxes totaling $23,595.
- 6,761 square-foot building constructed in 1970, situated on a 0.75-acre lot (32,571 square feet).
Property Details for 19560 Burnham Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 6,761 SF
- Year Built
- 1970
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 32,670 SF
- Units
- 1
Location Insight
- City
- Lynwood
- County
- Cook
- State
- Illinois
- Latitude
- 41.540067288133
- Longitude
- -87.539417610948
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN lease, strong tenant.
- Where is the retail property located?
- The property is located at 19560 Burnham Ave Lynwood, IL.
- What is the asking price?
- The asking price for this property is $585,000.
- What are key features of this property?
- This property features: Net-leased All Tune and Lube franchisee property with a 5-year lease and two 5-year options.; 8% cap rate, with a pro-forma cap rate of 8.4%.; $46,808 Net Operating Income (NOI), with a pro-forma NOI of $49,124.
- 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].