5750 Northwest HwyCrystal Lake, IL 60014
- Retail properties
- 4,169 SF
For Sale
$1,971,500
View listing
Property Details for 5750 Northwest Hwy
- Year built
- 2001
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 4,169 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional investment opportunity presents a fee-simple interest in a 4,169 square foot, single-story retail building situated on a one-acre lot in Crystal Lake, Illinois. The property boasts a prime location at 5750 Northwest Hwy, a main intersection with excellent visibility. Currently 100% occupied by two national tenants, Helzberg Diamonds and Euro Wax, this property offers a stable income stream with a strong net operating income (NOI) of $145,870 and a 7.40% cap rate. The asking price is $1,971,500, translating to $472.90 per square foot. Both tenants are under long-term net leases with a remaining term of 6.9 years. The lease structure includes attractive rent bumps
5750 Northwest Hwy, Crystal Lake, Illinois
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Location Insight
- City
- Crystal Lake
- County
- McHenry
- State
- Illinois
- Latitude
- 42.2265
- Longitude
- -88.3105
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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