Fully Leased Investment
$495,000
9001-03 US Highway 12, Richmond, Illinois 60071
| Building Size | 4,000 Square Feet |
| Land Size | 0.9 Acres |
| Zoning | GB |
| Parking | 50 |
| Water | city |
| Sewer | city |
| Electric | 200 amp |
| Year Built | 1959 |
FULLY LEASED INVESTMENT OPPORTUNITY
2-UNIT AUTO CENTER
Potential for User/Investor
100% leased 2-unit automotive building with long leases thru 2029. Pete’s Paint Works & Medina Cars are both long term tenants (since 1986 and 2016).
All masonry building on US Highway 12. Pete’s Paint address is 9001 and Medina Cars is 9003. (*) Medina expires 2026 with an option to renew thru 2029.
Original building built in 1959 with additions. New Membrane roof and overhead doors. New parking lot 2023.
User/Investor Potential: Auto Body Tenant will move out for a buyer who needs his 2,800 SF space.
8.7% CAP rate. Ask broker for rent roll and operating state ment. Owner is a licensed Illinois Broker.
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Office Phone: (847) 854-2300 ext. 20Mobile: (847) 507-1759
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.