515 Us-6 Minooka, IL 60447

This exceptional investment opportunity presents a 4,947 square foot, single-tenant net-leased retail property occupied by Heartland Dental, a leading dental service organization, in Minooka, Illinois. Located at 515 US-6, this property boasts a 6.50% cap rate and a substantial net operating income (NOI) of $161,304. The current lease, commencing July 22, 2022, and expiring July 30, 2032, offers a remaining term of 7.7 years, with four, five-year renewal options. Rent increases of 10% are built into the lease every five years, providing consistent income growth. The property sits on a 1.22-acre lot and benefits from a corporate guarantee, minimizing landlord risk. Situated conveniently near I-80 and I-55, this location offers excellent visibility and accessibility within the affluent Chicago southwest suburbs, with an average household income exceeding $133,800 within a three-mile radius. The property is strategically located adjacent to Jewel-Osco and other national retailers, including AutoZone, Walgreens, Culver's, Giordano's, and Starbucks, ensuring high traffic and customer exposure. The building itself underwent extensive renovations to meet the tenant's specifications. This is a passive ownership opportunity with the tenant responsible for all taxes, CAM, and insurance. The asking price is $2,481,600.