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105 W Illinois Route 71 Rt 10,000 SF Retail Building Newark, IL 60541 $1,995,000 ($199.50/SF)
Investment Highlights
- Potential lease back
- Large lot
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
| Space | Size | Space Use | Position | Available |
| Ground | 10,000 SF | Retail | Outparcel | 30 Days |
Ground
| Size |
| 10,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
Ground
| Size | 10,000 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | 30 Days |
Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!
Property Taxes
| Parcel Number | 07-06-402-005 | Improvements Assessment | $231,557 |
| Land Assessment | $43,172 | Total Assessment | $274,729 |
Property Taxes
Contact the Sale Advisor
105 W Illinois Route 71 Rt