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1340 Dekalb Ave
Sycamore, IL 60178

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.80 AC
Zoning
C
Parking
58 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
283 FT on Peace Rd

About 1340 Dekalb Ave , Sycamore, IL 60178

Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the Walgreens property located at 1340 Dekalb Avenue in Sycamore, Illinois (the “Property”). Walgreens is operating under a recently restructured, brand new 20-year absolute NNN lease with zero landlord responsibilites, allowing investors the opportunity to acquire a truly passive asset with investment-grade credit. The lease features 5.0% rental increases every 5 years in the primary term and option terms, a rare attribute relative to the Tenant’s typical leases, along with 12, 5-year renewal options which permits Walgreens to occupy the building through 2099. Walgreens has been at this location since 2000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-06-201-044
Land Assessment
$238,547
Improvements Assessment
$341,187
Total Assessment
$579,734
  • Listing ID: 18196048

  • Date on Market: 1/15/2020

  • Last Updated:

  • Address: 1340 Dekalb Ave, Sycamore, IL 60178

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