BMO Harris Bank
27121 West Eames Street,
Channahon,
IL
60410
$2,024,000
| Status | Sold |
|---|---|
| Price | $2,024,000 |
| Cap Rate | 6.30% |
| NOI | $127,463 |
| Lease Type | Absolute NNN |
| Lease Term | 10 Years |
| Lease Start | September 2014 |
| Lease Expiration | September 2024 |
| Building Size | 4,558 SF |
| Lot Size | 57064 AC |
Overview
The property benefits from convenient ingress/egress directly off of Eames Street as well as additional access from the back entrance road. The branch also offers six drive-thrus and 25 parking spaces for maximum customer convenience.
Situated on the local area’s major east-west thoroughfare, this location benefits from traffic generated by the adjacent Walgreens store as well as a Jewel-Osco anchored shopping center on the same corner. In addition to these major retailers, the property is surrounded by numerous restaurants and eateries. Area demographics are bolstered by the 173-unit Mallard Lake Apartment Complex. Interstate 55 connects Channahon to Chicago, a 52 mile commute.
