Retail Space For Lease @ 9320 Irving Park Rd
9320 Irving Park Rd, Schiller Park, IL 60176
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Wayne C.
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SVN Chicago Commercial is pleased to present this Absolute NNN Chase Ground Lease with nearly 11 years remaining on the lease in Schiller Park, IL - a near suburb of Chicago immediately adjacent to O'Hare International Airport, which is the world's 2nd busiest airport. Newer construction building (2012), this property has been built to Chase's recent prototype site and building including a double drive-thru lane and drive-up banking lane. Investors will benefit from this absolute NNN deal as there is zero landlord responsibility - the tenant is responsible for all expenses, repairs, roof, structure, etc.
The property is an outlot of Schiller Park Commons, an approx. 44,000 SF neighborhood strip center anchored by international grocery store chain Aldi. Now offered for sale at $3,075,000 which is a 4.9% CAP rate on the current NOI with an average CAP rate of approx. 5.5% over the remaining lease term. Great for any 1031 investor looking for the most stable tenancy and best credit in the world. This space offers accomodations for: free standing building.
Pricing: Negotiable
Availability: Now
Listing ID: 3153737