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HassleLess Mattress 1044 S Route 59 4,169 SF Retail Building Naperville, IL 60540 $1,715,000 ($411.37/SF) 7% Cap Rate
Investment Highlights
- Absolute NNN Lease with 9.3 Years Remaining and Two 5-Year Options with 10% Increases
- HassleLess Mattress Technology-Driven Showroom with Employee-Free Self-Service Model
- Dense National Retail Corridor Anchored by Walmart, Costco, Lowe's and Aldi
- Prime Corner Location at Signalized Intersection with 60,100+ VPD on Route 59
- Located Near $53M Block 59 Redevelopment Project Creating New Dining District
- Naperville Ranked #1 Best City to Live in America by Niche.com Three Years Running
Executive Summary
Matthew M. Fitzgerald
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Building Size
4,169 SF
Building Class
B
Year Built
2016
Price
$1,715,000
Price Per SF
$411.37
Cap Rate
7%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.98 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-27-101-087 | Improvements Assessment | $290,945 |
| Land Assessment | $220,733 | Total Assessment | $511,678 |
Property Taxes
Parcel Number
07-27-101-087
Land Assessment
$220,733
Improvements Assessment
$290,945
Total Assessment
$511,678
Contacts
-
Dan Willis -
Nick Seltzer -
Patrick Forkin -
Willis Ventures Investment Real Estate
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HassleLess Mattress | 1044 S Route 59
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