Alison Haggerty Buick Pontiac GMC
555 East 162nd Street
South Holland, IL 60473
| Price: |
$5,149,700 |
| CAP Rate: |
8.35% |
| Building Size: |
28,415 SF |
| Approx Lot Size: |
3.38 Acre(s) |
| Year Built: |
1992 |
Net Lease
Investment: |
Yes |
| Existing Debt: |
No |
| Property On Ground Lease: |
No |
| 1031 Exchanges Acceptable: |
Yes |
Property Features- Lease Type: Net, Net, Net Lease. No Landlord responsibilities.
- Lease Term: Twenty (20) years
- Lease Commencement: September, 2007
- Lease Renewal Options: Two (2) Ten (10) year options
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For more information contact:
Keith Sturm
(612) 332-6600
Upland Real Estate Group, Inc.
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Property Description
The subject property is located off 162nd street (a major thoroughfare within South Holland) just west of Interstate 94 (major interstate that runs north/south around Chicago and the southern suburbs) with mostly commercial and retail buildings surrounding. Retailers in the immediate area include: Safelite Auto, Saturn Dealership, Ford Dealership, McDonald's, Pizza Hut, China Star, Rallys Hamburger, Subway, Wendy's, Jewel-Osco and Aldi.
The city of South Holland is located approximately 17 miles from Chicago, IL and 7 miles from Hammond, IL. The village is bordered by Harvey and Phoenix to the west, Dolton to the north, Thornton to the south, and Calumet City to the east.
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