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
Price/SF $444
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.