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1805 Belvidere Rd Grayslake, IL 60030

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High-Yield NNN Lease, 7 Years Left

Property Features for 1805 Belvidere Rd

General Information

Property type
Automotive properties

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Listing Contact
Peter Cacciatore
Peter Cacciatore

Listing Agency: JOS. Cacciatore & Co. Real Estate Listing Agent: Peter Cacciatore

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

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Property Insight Report

Overview

This exceptional investment opportunity presents a single-tenant, NNN-leased Circle K gas station located at 1805 E Belvidere Rd, Grayslake, IL 60030, in Lake County. The property boasts a strong 100% occupancy rate with a substantial remaining lease term of seven years, providing immediate and consistent cash flow. The property is classified as retail, specifically a gas station, and operates under a triple-net lease (NNN), meaning the tenant is responsible for all property expenses including taxes, insurance, and maintenance. This significantly reduces the landlord's operational burden and risk. The property's prime location in Grayslake, Illinois, ensures high visibility and accessibility for customers. This is an ideal investment for those seeking a stable, long-term, passive income stream from a well-established national brand. The property's financial performance is characterized by a strong cap rate, reflecting a robust return on investment. This turnkey operation requires minimal management, making it an attractive option for both seasoned and novice investors. The long-term lease provides security and predictability, minimizing vacancy risk and ensuring a steady stream of rental income for years to come. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a desirable location. Detailed financial information is available upon request.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Grayslake
County
Lake
State
Illinois
Longitude
-88.0038562
Latitude
42.3380523

FAQs

What type of property is this?
Automotive property - High-Yield NNN Lease, 7 Years Left
Where is this automotive property located?
The property is located at 1805 Belvidere Rd Grayslake, IL.
(312) 264-6027 Call to check price and availability
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