Strickland Brothers Absolute NNN

467 Boughton Rd Bolingbrook, IL 60440

467 Boughton Rd, Bolingbrook, IL, 60440
467 Boughton Rd, Bolingbrook, IL, 60440 467 Boughton Rd, Bolingbrook, IL, 60440 467 Boughton Rd, Bolingbrook, IL, 60440 467 Boughton Rd, Bolingbrook, IL, 60440 467 Boughton Rd, Bolingbrook, IL, 60440
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,072,520
Last Verified:
Jun 24, 2024

Daily Email Blast
0 times


Highlights

  • 2023 Development Strickland Brothers 10 Minute Oil Change Store With 14+ Years Remaining on Primary Term
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • Attractive 10% Rental Increase Every 5 Years That Occurs Throughout Primary Term and Options
  • Strickland Brothers was Founded in 2016; Currently Having Approximately 225+ Locations Nationwide
  • Extremely Dense Demographics With 206,200+ Residents Within 5 Mile Radius
  • Affluent 5-Mile Community Having an Average Household Income of $137,025
  • Excellent Visibility Along W Boughton RD Generating 30,400 Vehicle Passing in Front of Subject Property per day
  • Positioned In Between Two Major Retail Hubs 2.5 Miles East of Promenade Bolingbrook Shopping Mall with Over 3.6M Visitors a Year and 2.5 Miles West of Two River Paza Anchored By Target, Meijer, and Jewel-Osco
  • Chicago MSA - 30 Miles Away From Downtown Chicago, the Most Populous City in Illinois

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Strickland Brothers in Bolingbrook, IL. The subject property is positioned between two major retails hubs within Chicago MSA. It is a 2023 development property and has absolute NNN lease.

Cooperating Broker: Brian Brockman
Bang Realty-Illinois Inc | IL#471020548
bor@bangrealty.com | (513) 898-1551

tbd


Year Built: 2023
Building Size: 1756sq ft
Lot Size: 0.96 acres


Documents

Offering Memorandum

Map of 467 Boughton Rd, Bolingbrook, IL, 60440

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.