$1,300,000
$1,281,290
1.5%For more information regarding the value of a property, please contact us for a free consultation.
2,757 SqFt
SOLD DATE : 08/04/2023
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 2,757 sqft
Price per Sqft $471
MLS Listing ID 11851687
Sold Date 08/04/23
Year Built 1980
Annual Tax Amount $29,779
Tax Year 2022
Lot Dimensions 171.3 X 171.65
Property Sub-Type Retail/Stores
Property Description
** SOLD BEFORE PROCESSING ** CALLING INVESTORS! This excellent investment property boasts a stand alone retail building with national tenant in place. Established Potbelly's restaurant with drive through located on highly visible & traveled Roosevelt Rd in Glen Ellyn - 33,300 VPD. Investors can expect significant returns from the property's excellent cap rate of 7.75%. The property enjoys high-visibility and is surrounded by a wide range of national retailers. Only the building is being sold, not the business. Wonderful opportunity for investors - NNN lease in place with 7.75% cap rate.
Location
State IL
County Du Page
Area Glen Ellyn
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Bought with Lance Kammes • RE/MAX Suburban
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "