Shepherd Group Properties List - 523 East Church Street Sandwich, IL 60548 [back to listing]

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Property Use Type:

Primary Type:

Building Size:

Lot Size:

Occupancy:

Price:

Price/SF:

Cap Rate:

Year Built:

Investment

Retail, Free Standing Bldg

13,835 SF

21,648 SF

100.00%

$620,000

$44.81

7.60%

1955

Property Description:
Single Tenant Retail, 13,835 SF - Net Lease in Sandwich, IL. The site size consists of 21,648 SF of land. The current tenant has been there for several years. Arm-Chair investment - no day-today management responsibilities. Hold for cash flow or ideal for redevelopment opportunity.

Location Description:
On US 34 in growing area. Sandwich is on the next major growth spurt in western suburbs. Several new developments underway.

Highlights
• 100% Net Leased to long term tenant
• Excellent Cash Flow - 7.6% Cap Rate, rent increases
• Excellent Location - US34
• High Growth Area
• Potential for redevelopment