Call Us Today: 760 930 7931

Strickland Brother 10 Min. Oil Change

5200 W. Elm St | McHenry | IL | 60050


×

Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

property galery image property galery image property galery image

Property Highlights

  • Secure Income Stream
    • New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
    • 10% Rent Increases Every 5 Years and Renewal Options
    • Strickland Brothers Operates 100+ Locations, Projected to Have Over 200 Stores by End of 2022
    • Princeton Equity Invested In Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans
    • Strong Performing Location with 26-Year Operating History, Recently Acquired by Strickland Brothers
    Proximity
    • Excellent Access and Visibility to 19,400 Cars/Day
    • 99,136 Residents in Trade Area
    • Affluent Demographics with an Average Household Income of $105,245
    • Surrounded by Several K-12 Schools with 2,246 Students Combined
    • 3.5 Miles to Northwestern McHenry Hospital, a 179-Bed Facility with Over 700 Employees
    • Minutes to McHenry County College with 7,473 Students and Over 1,000 Employees
    • McHenry is Located within McHenry County, the Sixth Largest in Illinois with a Population Over 300,000
    • Major Employers in McHenry County Include Centegra Health System, School District 158, Follett Library Resources, Catalent Pharma Solutions and Mercy Health System
    • 55 Miles from Downtown Chicago, 42 Miles to O’ Hare International Airport

Property Details

  • Available SF: 3,000 SF
  • Price: $ 1,680,000
  • Transaction Type: For Lease
  • Property Type: Retail
  • Lot Size: 0.39 AC
  • Cap Rate: 6.25%
  • Year Built: 1996
  • Availability: Available
×

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.
×

Download File

×

Download File

×

Download Offering Memorandum

×

3D Tour

Download Lease Brochure
Share this property

Request Information


Financial Summary

Investment Highlights

Price $1,680,000.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $1,680,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00