commercial algonquin town center - realty metrix · 2017. 7. 10. · 1324 2,015 coming soon - bomi...

Commercial

7/6/17No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. This document is for information purposes only. No offer or sub-agency is being made.

PROPERTY SPECIFICATIONS - VALUE ADD OPPORTUNITY

PROPERTY TYPE: Community Center

BUILDING SIZE: 103,266 SF

PRICE: $4,750,000

PRICE PSF: $46

CURRENT NOI: Project operating at a breakeven through 2017

LAND SIZE: 11 Acres

OCCUPANCY: 37.5% as of 6/1/17

Investment OfferingAlgonquin Town Center1320-1440 E. Algonquin Road • Algonquin, IL 60102

Presented By:Realty Metrix Commercial

2390 Esplanade DriveSuite 201

Algonquin IL 60102

Chase Bank ground lease runs through March 2024 - $100,000 annual net rent

Algonquin Town Center is anchored by Chase Bank, Dollar Tree, the U.S. Post Office & Goodwill. It is located on Algonquin Rd. on the east side of Algonquin, adjacent to Jewel/Osco, Walgreens & Starbucks. A value add opportunity exists to secure a new anchor tenant - 41,188 SF space has 18ft clear open painted ceilings and some grocery store F.F. & E.

Please fill out enclosed confidentiality agreement to receive full offering package.

Dave SchmidtManaging Broker/[email protected]

Linda KostSenior Broker/[email protected]

Investment OfferingAlgonquin Town Center1320-1440 E. Algonquin Road • Algonquin, IL 60102

Presented By:Realty Metrix Commercial


Algonquin IL 60102

No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. This document is for information purposes only. No offer or sub-agency is being made.



Demographics 1 mile 3 miles 5 miles

Avg. Household Income $84,665 $89,939 $94,399

Population 8,297 52,117 137,468

Traffic Count: Algonquin Rd 35,100 cars per day

Presented By:RealtyMetrix


Algonquin IL 60102 No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. This document is for information purposes only. No offer or sub-agency is being made.

Dave SchmidtSenior Vice [email protected]

Linda KostSenior Vice [email protected]

Algonquin Town Center1320-1440 E. Algonquin Road

Algonquin, IL 60102

Realty Metrix Commercial2390 Esplanade Drive

Suite 201Algonquin IL 60102

No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. This document is for information purposes only. No offer or sub-agency is being made.

Commercial



Presented By:

PROPERTY OVERVIEWAlgonquin Town Center

Algonquin Auto Repair

WrightWash

Not

Included

Expansion Area

Space Sq Ft Tenant1300 972 Unique Nail Salon

1302 780 Available Retail

1304-1306 1,820 Dragon I Restaurant

1308 1,145 Dragon I Restaurant

1310 1,140 Lease Pending - Ice Cream Shop

1312 1,140 S.T. Cigars

1314 1,146 Moderno Beauty Salon

1316-1320 3,720 Available Retail/Open Space

1322 1,240 Available Retail

1324 2,015 Coming Soon - Bomi Foods



1332 1,445 Available Restaurant

Space Sq Ft Tenant1334 1,440 Available Retail

1336-1338 3,531 Available Retail

1400 41,188 Butera Market

1402 13,000 Dollar Tree

1404 1,500 Available Office/Medical

1406-1408 2,880 Available Retail/Office

1410 1,319 Craig Duncan, DDS

1412-1414 2,480 Available Retail/Office

1416 1,327 Available Restaurant

1420 2,590 US Postal Service

1430 12,000 Goodwill

1350 N/A Chase Bank

Available Retail

Vacant

Investment Offering - Larkin Square – 1817-1837 Larkin Ave. Elgin, IL 60123

CONFIDENTIALITY AGREEMENT AND DISCLAIMER

Acceptance hereof is acknowledgment that this is a Confidential Offering Presentation prepared solely for the use of prospective investors in determining their intention with respect to the acquisition of the above referenced property.

This Presentation was prepared by Realty Metrix Commercial and contains selected information pertaining to the Property, and does not purport to be all-inclusive or to contain all of the information ("Offering Material") which prospective investors may desire. Additional information and an opportunity to inspect the Property will be made available upon request. Neither the Owner, or Realty Metrix Commercial, nor any of their respective directors, officers, employees, shareholders or affiliates have made any representation or warranty, expressed or implied, as to the accuracy or completeness of this Presentation of any of its contents, and no legal commitment or obligation shall arise by reason of the Presentation or its contents.

The Presentation has been prepared for limited distribution on a Confidential Basis. To respect this desire for confidentiality, the recipient agrees that by receipt hereof, this Presentation and its contents are of confidential nature, that the recipient will hold and treat it in the strictest confidence, and that the recipient will not disclose this Presentation or any of its contents to any other entity without the prior written authorization of the Owner or Realty Metrix Commercial, nor will the recipient use the Presentation or any of its contents in any fashion or manner detrimental to the interest of Owner, its affiliates, or Realty Metrix Commercial.

All Offering Material furnished to the recipient will be used solely for the purpose of evaluating a possible purchase of the Property. Therefore, the recipient agrees to keep all Offering Material strictly confidential, provided, however, that any of such Offering Material may be disclosed to directors, officers, employees and representatives of the recipient who require knowledge of such information for the purpose of evaluating a possible purchase of the Property (it being understood that such directors, officers, employees and representatives of the recipient shall be informed of the confidential nature of such information and shall be directed to treat such information as strictly confidential).

Realty Metrix Commercial reserves the right to request the return of the Presentation and Offering Material at any time. Realty Metrix Commercial has been retained by Owner as the Exclusive Sales Agent and will, as such, act in a fiduciary manner on behalf of the Owner.

AGREED TO AND ACCEPTED

This __th day of ____________, 20___.

Signature: ________________________________________

Name (please print): ________________________________________

Company: ________________________________________

Title: ________________________________________

Return signed document to: Dave Schmidt at Realty Metrix Commercial Address: 2390 Esplanade Dr. Algonquin, IL 60102

Investment Offering - Algonquin Town Center - 1320 - 1440 E. Algonquin Rd , Algonquin, IL 60102

commercial algonquin town center - realty metrix · 2017. 7. 10. · 1324 2,015 coming soon - bomi...

Documents