752 Rollins RdRound Lake Beach, IL 60073

Property Details for 752 Rollins Rd

Year built

2016

Construction

FRAME

Lot size

1.37 AC

Property size (Sq ft)

2,789 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

06-16-202-020

APU

616202020

Description

This exceptional 809-square-foot retail space offers a prime, high-traffic location within a Midwest Meijer store. Benefit from unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities. Enjoy prominent interior and exterior branding opportunities. This "store-within-a-store" concept is situated in a thriving trade area with strong demographics. Ideal for various retail uses, including financial institutions, food and beverage businesses, service businesses, health and wellness providers, and more. Multiple locations are available throughout the Midwest. The space is currently vacant and ready for immediate occupancy. This unique opportunity provides exceptional exposure in a well-known retail destination. Contact us to learn more about this turnkey retail solution and secure your space.

• CAP approach

  CAP return

  Valuation

  6%

  $740,273

  6.5%

  $683,329

  7%

  $634,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $713,533

  Geo Method

  $915,434

• Alternative Use

  Use

  Valuation

  Residential

  $576,414

  Hospitality

  $527,992

  Educational

  $439,283

  Medical

  $454,390

  Retail

  $683,329

Location Insight

City

Round Lake Beach

County

Lake

State

Illinois

Latitude

42.3797

Longitude

-88.0659

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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