105 IL-71 Active

Newark,IL 60541

$ 1995000

- Bed

- Bath

9520 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 9,520 sqft

Price per Sqft $209

MLS Listing ID 12048739

Year Built 2007

Annual Tax Amount $16,308

Tax Year 2022

Lot Dimensions 230X317X240X303

Property Description

Great NNN Triple Net lease for a landlord or opportunity for an owner/operator to take over a massive retail space in the growing city of Newark. Impeccably maintained and well run, this property is in a prime location off of Rte. 71 and walking distance to downtown Newark. Boasting a solid 7.16% cap rate, this single tenant opportunity on a turnkey property is not to be missed. Owner is open to staying on and continuing to operate for new landlord or vacating for an owner/operator. Come see this asap!

Location

State IL

County Kendall

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Roof Type Metal

Building

Foundation Concrete Perimeter

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