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Starbucks 8610 2nd St

2,540 SF Retail Building Machesney Park, IL 61115 $2,330,000 ($917/SF) 6.65% Cap Rate

Retail Buildings Illinois Machesney Park 8610 2nd St, Machesney Park, IL 61115

Investment Highlights

  • New 10-Year Corporate Lease with Investment Grade Tenant
  • Brand New Construction
  • Dense, Affluent Customer Base
  • Sales Tax Incentive
  • Unmatched Visibility in Emerging Retail Expansion Area

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,540 SF
Building Class
B
Year Built
2024
Price
$2,330,000
Price Per SF
$917
Cap Rate
6.65%
NOI
$154,940
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.08 AC
Parking
32 Spaces (12.6 Spaces per 1,000 SF Leased)
Frontage
320 FT on Roosevelt Road

Links

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8610 2nd St, Machesney Park, IL - aerial map view

PROPERTY TAXES

Parcel Number 08-30-176-007 Improvements Assessment $0
Land Assessment $51,042 Total Assessment $51,042

PROPERTY TAXES

Parcel Number
08-30-176-007
Land Assessment
$51,042
Improvements Assessment
$0
Total Assessment
$51,042
(630) 573-7015

Contacts

  • Listing ID: 32543440

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 8610 2nd St, Machesney Park, IL 61115

More public record information on 8610 2nd St, Machesney Park, IL 61115

The Retail Property at 8610 2nd St, Machesney Park, IL 61115 is currently available for sale. Contact CBRE for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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8610 2nd St, Machesney Park, IL for sale Building Photo- Image 1 of 6
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8610 2nd St, Machesney Park, IL for sale Building Photo- Image 2 of 6
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8610 2nd St, Machesney Park, IL for sale Building Photo- Image 3 of 6
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8610 2nd St, Machesney Park, IL for sale Building Photo- Image 4 of 6
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Starbucks | 8610 2nd St
(630) 573-7015 x

Starbucks | 8610 2nd St

1/2

Michael Kaider

(630) 573-7015

(630) 573-7015

Keegan Barrett

(630) 368-4699

(630) 368-4699

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