Details

Service King in Urbana, IL

802 E Perkins Rd, Urbana, IL

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hIGHLIGHTS

Size:25,100 SF

Price:$5,750,000.00

CAP RATE:5.85%

NOI:$336,169.00

PROPERTY
OVERVIEw

DETAILS

InCommercial Property Group is pleased to offer for sale a Service King location in Urbana, Illinois. Service King has recently extended their base term ten (10) years with three (3), five-year renewal options. Leased to one of the premier collision center chains in the country, Service King, the rental escalation features 2% annual rental increases throughout the base term and option periods.

The property can be purchased separately or as a portfolio part of a three property portfolio of Service Kings in Champaign, Urbana, and Crest Hill, IL.

Location

Contact

Marc Barber

Managing Broker, California

(916) 717-2079

mbarber@incommercialre.com

Wesley Staples

Vice President, Brokerage

(916) 806-0805

wstaples@incommercialre.com