About This Restaurant
Investment Highlights
Long Term Tenant Located in downtown St. Charles NNN investment
Executive Summary
The available property is an established destination in St. Charles, IL. The property is a 100% leased triple net investment and offers purchaser minimal owner responsibilities. Shakou Restaurant Group is an established operator and has been at this location since 2014. The building is well maintained and with an exquisite interior buildout. 5 years remaining on the lease.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant
- Building Size 7,524
- Building Class C
- Year Built/Renovated 1940/2014
- Price 2,495,000
- Price Per SF 332
- Cap Rate 8.08
- NOI 201,495
- Tenancy Single
- Building Height 2 Stories
- Building FAR 1.16
- Land Acres 0.15 AC
Amenities
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 09-27-361-026 | Improvements Assessment | $58,570 |
| Land Assessment | $262,893 | Total Assessment | $321,463 |
| Date Created: | 2024-07-16 04:13:39 | Last Updated: | 2024-07-16 04:13:39 |
| Address: | 312 W Main St , St Charles, Illinois, 60174 | ||