Retail Space in Growing Newark

105 E State Route 71, Newark, IL 60541

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For Sale

$1,995,000

Retail space in prime location with solid cap rate.

HighLights

7.16% Cap Rate
Prime location off Rte. 71 and walking distance to downtown Newark
NNN Triple Net Lease
Turnkey Property
Opportunity for owner/operator or landlord
Impeccably maintained and well run

We can help!

Listing Contact

Brittany Zickus

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For Sale

$1,995,000

Retail space in prime location with solid cap rate.

Added:: May 6, 2024
Days on Market:: 771
Last Refresh:: Jan 20 at 11:09 am

Property Features for 105 E State Route 71

General Information

Standard status: Active

We can help!

Listing Contact

Brittany Zickus

Listing agent Brittany Zickus License #475197951

Listing office EXP REALTY

Listing date May 6, 2024

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY

HighLights

7.16% Cap Rate
Prime location off Rte. 71 and walking distance to downtown Newark
NNN Triple Net Lease
Turnkey Property
Opportunity for owner/operator or landlord
Impeccably maintained and well run

Overview

This retail space is located in the growing city of Newark, Illinois, in a prime location off of Route 71 and within walking distance of downtown Newark. The property is impeccably maintained and well-run. The property offers a 7.16% cap rate. The owner is open to staying on and continuing to operate for a new landlord or vacating for an owner/operator.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

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Local Demand

City: Newark
County: Kendall
State: Illinois
Longitude: -88.5824
Latitude: 41.5347

Nearby Similar for Sale

$1,995,000

Newark Retail Space on Rte 71

Retail space in prime location off Rte. 71.

105 IL-71, Newark, IL 60541

View Details
$1,995,000

9,520 SF

Newark Retail Space For Sale

Well-maintained retail space in Newark, prime location off Rte. 71.

105 Il-71, Newark, IL 60541

View Details

For sale
Retail space
IL
Newark
60541
105 E State Route 71

What type of property is this?

Retail space - Retail space in prime location with solid cap rate.

Where is this retail space located?

The property is located at 105 E State Route 71 Newark, IL.

What is the asking price?

The asking price for this property is $1,995,000.

What are key features of this property?

This property features: 7.16% Cap Rate; Prime location off Rte. 71 and walking distance to downtown Newark; NNN Triple Net Lease

105 E State Route 71, Newark, IL 60541

Retail space in prime location with solid cap rate.

Property Features for 105 E State Route 71

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Newark Retail Space on Rte 71

Newark Retail Space For Sale

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