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Investment Highlights
- perfect 1031 candidate
- Free Standing building
- NNN investment, 8.8% cap
Executive Summary
Perfect 1031 candidate. Single tenant, 4850sf building in Skokie IL. Over 20 parking spaces. 8.8% CAP with 3% annual increase during option periods.
Property Facts Under Contract
| Price | $875,000 | Lot Size | 0.81 AC |
| Price Per SF | $180.41 | Rentable Building Area | 4,850 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 8.80% | Year Built | 1982 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.12/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Price | $875,000 |
| Price Per SF | $180.41 |
| Sale Type | Investment NNN |
| Cap Rate | 8.80% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.81 AC |
| Rentable Building Area | 4,850 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Tenancy | Single |
| Parking Ratio | 4.12/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Signage
Utilities
- Gas - Natural
- Heating - Gas
1 1
Property Taxes
| Parcel Number | 10-29-209-014-0000 | Improvements Assessment | $16,049 |
| Land Assessment | $113,344 | Total Assessment | $129,393 |
Property Taxes
Parcel Number
10-29-209-014-0000
Land Assessment
$113,344
Improvements Assessment
$16,049
Total Assessment
$129,393
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