60 Hampton St | Morris, IL 60450
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- LoopNet Team
60 Hampton St
Morris, IL 60450
IHOP | Morris, IL | NNN · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease — Zero Landlord Responsibilities
- 10% Rental Increases Every 5 Years throughout Remainder of Primary Term and Options to Extend
- A Costco distribution center — which employs more than 400 people — is located immediately behind the Subject Property
- Approximately 9.5 Years Remaining and four 5-Year Options to Extend
- The Subject Property is located +/- 0.32 miles from Interstate 80, which experiences traffic counts in the amount of ±37,000 vehicles per day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,008 SF
Year Built/Renovated
1998/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.75 AC
Zoning
B3
Parking
40 Spaces (7.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 02-28-426-002 | Improvements Assessment | $200,731 |
| Land Assessment | $32,954 | Total Assessment | $233,685 |
PROPERTY TAXES
Parcel Number
02-28-426-002
Land Assessment
$32,954
Improvements Assessment
$200,731
Total Assessment
$233,685
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