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- LoopNet Team
1340 Dekalb Ave
Sycamore, IL 60178
Retail Property For Sale
PROPERTY FACTS
- Drug Store
- General Retail Freestanding
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.
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PROPERTY TAXES
Parcel Number | 09-06-201-044 | Improvements Assessment | $341,187 |
Land Assessment | $238,547 | Total Assessment | $579,734 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 18196048
Date on Market: 1/15/2020
Last Updated:
Address: 1340 Dekalb Ave, Sycamore, IL 60178
The Retail Property at 1340 Dekalb Ave, Sycamore, IL 60178 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.