1046 Lake St Roselle, IL 60172
Call to check price and availability
High-NOI, Fully Leased Auto Center
Property size:
20,655 SFProperty Features for 1046 Lake St
General Information
- Property type
- Individual retail properties
- Square Feet
- 20,655 SF
- Class
- C
- Lot Size
- 108,464 SF
Building Details
- Year Built
- 1990
- Units
- 7
Listing Agency: GC Realty and Development Listing Agent: Brad Bullington
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully leased, 20,655 square foot automotive center located at 1046 Lake St, Roselle, IL 60172. The property, classified as a Class C retail building, boasts a strong NOI of $241,190 and is currently 100% occupied across seven units. Built in 1990, the building sits on a 2.49-acre lot and benefits from a B zoning permit. The weighted average lease term for the tenants is six years, providing excellent long-term stability for investors. This stabilized investment is situated in a prime location within DuPage County, adjacent to a Napa Auto Parts store and anchored by Firestone, ensuring high visibility and consistent traffic. Low DuPage County taxes further enhance the attractiveness of this property, making it an ideal addition to any portfolio seeking strong returns and minimal tax burden. The asking price for this rare offering is $3,025,000. This represents a compelling opportunity to acquire a well-established, high-performing automotive center in a desirable location with significant upside potential. The property's size, tenant occupancy, and strategic location combine to create a robust and reliable income stream.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Roselle
- County
- DuPage
- State
- Illinois
- Longitude
- -88.1070732
- Latitude
- 41.9671867
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - High-NOI, Fully Leased Auto Center
Where is this individual retail property located?
The property is located at 1046 Lake St Roselle, IL.
What is the asking price?
The asking price for this property is $3,025,000.
What are key features of this property?
This property features: Fully leased, 20,655 SF automotive center in Roselle, IL.; Class C retail building with a strong NOI of $241,190.; 100% occupancy across seven units, weighted average lease term of six years.