6550 N Alpine Rd | Loves Park, IL 61111
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6550 N Alpine Rd
Loves Park, IL 61111
Grocer Ground Lease | New 10-Year Term · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-Year Ground Lease with Prominent Chicagoland Grocer | Valli Fresh Market has Successfully Operated for 32 Years | Six Full-Service Grocers
- Absolute Triple-Net Ground Lease Featuring Zero Landlord Responsibilities
- Ability to Control an 8.72 Acre Site for only $9.11 per Square Foot for the Land
- Valli Partnered with United Natural Foods, Incorporated | Access to Same Products as Whole Foods
- Extremely Healthy Store Metrics with Low Rent-to-Sales Ratio | Contact Agent for Details
- Value-Add Opportunity through Developing or Selling Outlot | Contact Agent for Details
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
77,260 SF
Building Class
C
Year Built/Renovated
1987/2008
Percent Leased
6%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
8.07 AC
Zoning
B2 - Commercial District
Parking
566 Spaces (7.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,532,106 | |
| Land Assessment | $324,643 | Total Assessment | $1,856,749 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$324,643
Improvements Assessment
$1,532,106
Total Assessment
$1,856,749
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