commercial algonquin town center - realty metrix · 2017. 7. 10. · 1324 2,015 coming soon - bomi...
TRANSCRIPT
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
2390 Esplanade DriveSuite 201
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.
Linda KostSenior Broker/[email protected]
Dave SchmidtManaging Broker/[email protected]
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
2390 Esplanade DriveSuite 201
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
Dave SchmidtManaging Broker/[email protected]
Linda KostSenior Broker/[email protected]
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
1328 1,910 Available Retail
1330 1,840 Available Retail
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