TESLA (NASDAQ: TSLA) SERVICE CENTER

  • $13.4M
Featured For Sale
320 W Golf Rd, Schaumburg, IL 60195, USA
Featured

TESLA (NASDAQ: TSLA) SERVICE CENTER

320 W Golf Rd, Schaumburg, IL 60195, USA
  • $13.4M

Description

Marketing Description
Fortune 500 Company | 2019 Renovation | Dense Infill Corridor

Investment Highlights
New 10 Year Lease Featuring Rental Increases Every 5 Years throughout the Initial Term and Options. 2019 Renovation.
Positioned Along Area’s Major Auto Service & Traffic Corridor: Features Easy Access and Excellent Visibility to Daily Traffic Counts Exceeding 39k Vehicles.
Tesla has had Continued Success and is one of the Top Automobile Manufacturers in the U.S. w/ a Market Capitalization in Excess of $47B (as of 2019). Tesla is Currently Ranked #260 on Fortune 500.
Walking Distance from Numerous Auto Dealerships Including Mercedes-Benz, Maserati, Alpha Romeo, Mazda, Audi, Toyota, Land Rover, Subaru and many more.
Densely Populated Affluent Area: Features an Average Household Income of $100k+ and 244k+ People Residing within a 5-mile radius.
In Close Proximity to Woodfield Mall – A Simon Super Regional Mall that features more than 300 Stores. It is one of the Largest Malls in the U.S. with Over 27 Million Annual Visitors.

Broker of Record
IL BOR: Steven Weinstock | Address: One Mid-America Plaza Suite 200, Oakbrook Terrace, IL 60181
License: 471.011175

Details

Updated on June 17, 2019 at 3:58 am
  • Property ID: 10967
  • Price: $13.4M
  • Property Size: 27032 sqft
  • Year Built: 2001
  • Property Type: Retail
  • Property Status: For Sale
  • Price Per/Sf: 494.42
  • Lot Size (acres): 2.61
  • Last Remodel Year: 2019
  • Cap Rate: 5.75%
  • Net Operating Income: 768,500
  • Investment Type: Net Lease

Additional details

  • Lease Type: NNN
  • Lease Term: 10 years
  • Address 320 W Golf Rd, Schaumburg, IL 60195, USA
  • City Schaumburg
  • State/county Illinois
  • Zip/Postal Code 60195
  • Country United States

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Contact Information

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Alvin Mansour
  • Alvin Mansour
  • (858) 373-3184

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Alvin Mansour
  • Alvin Mansour