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618-277-4400

Single Tenant NNN Investment

$1,790,250

Listing Resources

Listing Description

NNN Investment Property

High end child-care facility directly within blocks of three schools and four other surrounding schools. Centrally located within Freeburg, IL.

Single tenant NNN lease. Tenant pays all expenses.

Additional Identical Child Care Facility located in Shiloh, IL also for sale.

Sale Price: $1,790,250

Listing Details

Settings
Listing No : 2620
Sale Or Lease : For Sale
Property Type(s) : Investment, Retail - Child Care Facility
Building Size (Sqft) : 6,820 Sqft
Lot Size (Acres) : 0.90 Acre(s)
Sale Price : $1,790,250
Sale Price Per Sqft : $262.50
CAP Rate : 8%
GRM : 12.50
NOI : $143,220
Parcel No : 14-19.0-203-032
Zoning : B2
Zoning By : City of Freeburg
Year Built : 2018
Exterior : Brick
Floors : 1
Acres : 0.90 Acre(s)
Gross Rental Income : $143,220

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