9001 US Route 12Richmond, IL 60071
FULLY LEASED INVESTMENT OR USER/INVESTOR OPPORTUNITY 2-UNIT AUTO CENTER 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. USER/INVESTOR POTENTIAL-Auto body tenant will move out for a buyer who needs his 2800 sf space. 9.68% CAP rate. Ask broker for rent roll and operating statement. Owner is a licensed Illinois Broker.
2 months ago | Listing updated with changes from the MLS® | |
4 months ago | Status changed to Active | |
4 months ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
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