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Single Tenant NNN Investment


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

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

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