Details
Service King in Crest Hill, IL
1801 N Larkin Ave, Crest Hill, IL
hIGHLIGHTS
Size:14,840 SF
Price:$4,000,000.00
CAP RATE:5.85%
NOI:$233,961.00
PROPERTY
OVERVIEw
DETAILS
InCommercial Property Group is pleased to offer for sale a Service King location in Crest Hill, 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 2.5% 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.