Newly rehab property, 80% occupied rest 20% can be easily leased out, existing one tenant rent is going $1000 up from November, existing tenant C-Store, Cell Phone and Clothing store all tenant
are long term tenant and leases will expire in 2027.
current rental income is $102000
Possible when 100% occupied will be $132'000 Cap rate will be 8.5%
Expense is only property taxes $36000
all tenant pay their own utilities and insurance
Good news for sellers: We sell your business with high confidentiality. No one is going to know that your business is for sale except for financialy approved buyers who sign the confidentiality agreement with us. Only they will know that your business is for sale.
Learn more about how to sell your business property.
R&J Commercial Real Estate Inc
200 S Frontage Road. Suite 316
Burr Ridge IL 60527
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