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Sold

5950 S Lincoln Avenue Unit: W

5950 S Lincoln Avenue Unit: W, Lisle, IL 60532

$513,000
West suburban Lisle NNN lease investment opportunity for qualified buyers. 6.98 CAP rate - $38,440 NOI. Low rent basis of $15.50 per square foot. The tenants, a mental health counseling center, is in Year 1 or their initial 5-year term. The initial lease expiration is June 30th, 2026. Their lease commitment is 5 years with (2) 5-Year option periods with annual rent increases are 2.5% for years 4-5 of the initial term and 3% annually for the option terms. The immediate area is convenient to restaurants, shopping and golf courses. Showing are available before and after business hours.

5,000 Sq.Ft. LIVING AREA

0.87 Acres lot

Features & Amenities

Interior

  • Flooring Carpet, Tile

Area & Lot

  • Status Sold
  • Living Area5,000 Sq.Ft.
  • Lot Area0.87 Acres
  • MLS® ID11419499
  • TypeCommercial
  • YEAR BUILT2001

Exterior

  • STORIES1
  • roofComposition
  • AIR CONDITIONINGCentral Air, Central Individual
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$513,000
  • Real Estate Tax $13,440/yr
  • Zoning OFFIC

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Contact Details

TEAM ELITE REALTORS®

Phone

(630) 286-9777

Email

[email protected]

Address

836 W 75th Street Naperville, IL 60565

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