Single Tenant NNN Investment
$1,790,250
Listing Resources
Listing Description
Single Tenant NNN Investment Property
Newly constructed high-end child-care facility directly next door to new elementary school and four other surrounding schools.
10-Year Lease in place – Tenant pays all expenses.
Additional Identical child-care facility located in Freeburg, IL also for sale.
Sale Price: $1,790,250
CAP Rate: 8%
NOI: $143,220
Listing Details
Settings
Listing No : 2621
Sale Or Lease : For Sale
Property Type(s) : Investment, Retail - Child Care Facility
Building Size (Sqft) : 6,820 Sqft
Lot Size (Acres) : 1.10 Acre(s)
Sale Price : $1,790,250
Sale Price Per Sqft : $262.50
CAP Rate : 8%
GRM : 12.50
NOI : $143,220
Parcel No : 09-18.0-303-005
Zoning : B2
Zoning By : City of Shiloh
Parking : 46
Parking Surface Type : Asphalt
Year Built : 2021
Gross Rental Income : $143,220
-
Carter
Marteeny - CCIM
- Office: 618-277-4400 Ext. 41
- Mobile: 618-304-3917
- carterm@barbermurphy.com
-
Scott .
Muentnich
- Office: 618-277-4400 Ext. 40
- Mobile: 618-975-0504
- scottm@barbermurphy.com