9500 W Lincoln Hwy
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9500 W Lincoln Hwy
11,250 SF 100% Leased Retail Building Frankfort, IL 60423 $3,100,000 ($276/SF) 9.25% Cap Rate
Investment Highlights
- Prime Location with High Traffic Exposure
- Well-Maintained Building
- Strong Income Potential
- Ample Parking and Exclusive Access
Executive Summary
Exclusive opportunity awaits! This exceptional investment property would make an excellent addition to your portfolio. Conveniently located in a premier location of Frankfort with an extremely high traffic count and exposure. The building has excellent income production, is well maintained and has quality long-term tenants. Surrounded by well established businesses like Mariano's and Walgreens. Exclusive entrance with a parcel size of 1.07 acres. Other features include; 79 parking spaces, recently replaced furnaces, A/C systems, water heaters in all the units and a newer roof. This all brick building will exceed your expectations in this continuously growing community. 100% leased.
Current tenants; Sorriso Ristorante & Bar, Alsalam market, Currency Exchange, Advanced Aquatics, Mr. Barber and Perfect Nails.
Current tenants; Sorriso Ristorante & Bar, Alsalam market, Currency Exchange, Advanced Aquatics, Mr. Barber and Perfect Nails.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,250 SF
Building Class
C
Year Built
1979
Price
$3,100,000
Price Per SF
$276
Cap Rate
9.25%
NOI
$286,601
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.07 AC
Parking
89 Spaces
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 09-22-100-066 | Improvements Assessment | $102,892 |
Land Assessment | $110,038 | Total Assessment | $212,930 |
PROPERTY TAXES
Parcel Number
09-22-100-066
Land Assessment
$110,038
Improvements Assessment
$102,892
Total Assessment
$212,930
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9500 W Lincoln Hwy
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