Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to PT Realty?
PT Realty
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.
This exceptional investment opportunity presents a fee-simple, 3,300 square foot Strickland Brothers 10-Minute Oil Change location in Algonquin, Illinois. The property boasts a 15.3-year absolute NNN lease (12.5 years remaining) commencing March 1, 2022, and expiring May 31, 2037. The lease includes four, 5-year renewal options with a 10% rent increase every five years, ensuring consistent income growth. The tenant, Strickland Brothers, is a nationally recognized brand with over 200 locations across 24 states, providing a strong corporate guarantee. The property, renovated in 2022, sits on a 0.32-acre lot with 8 parking spaces and enjoys excellent visibility, with 35,100 cars passing daily. The property's strong performance is further supported by a 7.00% cap rate and a Net Operating Income (NOI) of $104,975. The location benefits from a high-traffic area with a growing trade area of 133,332 people and affluent demographics, boasting an average household income of $125,524. Nearby establishments include Jewel-Osco, Goodwill, Dollar Tree, Starbucks, McDonald's, Chase Bank, Walgreens, and Dunkin'. The property's strategic location across from Jewel-Osco and adjacent to a newly renovated shopping center, combined with its proximity to several K-12 schools and its 40-mile distance to downtown Chicago, makes this a compelling investment. The 100% occupancy since May 31, 2022, solidifies its financial stability. This is a stabilized investment with significant long-term potential.
Highlights
High-traffic location with 35,100 cars per day.
Strong trade area with 129,223 residents.
Affluent demographics boasting $125,524 average household income.
Excellent co-tenancy with Jewel-Osco.
Adjacent to a newly renovated shopping center anchored by Goodwill and Dollar Tree.
Surrounded by K-12 schools totaling 1,654 students.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.