Property Description
SECURE INCOME STREAM
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years and Renewal Options
- Corporate Guaranteed Lease, Operates 140+ Locations in 24 States
- Over 200 New Strickland Brothers Locations Planned by 2024
- Strong Performing Location (Inquire with Broker), 26-Year Operating History
- Princeton Equity Invested in Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans
PROXIMITY
- Excellent Access and Visibility to 19,400 Cars/Day
- 58,338 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