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2565 Algonquin Rd
Algonquin, IL 60102 East Suburban McHenry

$2,834,472 USD

Office For Sale  •  5,034 SF

Property Details

• Property Type Office
• Total Building Size 5,034 SF
• Lot Size 0.78 AC
• Building Class C
• Year Built 1996
• Cap Rate 7.00 %
• Tenancy Single

20 Transit Score

60 Walk Score

Highlights

±11 years remaining on NNN lease with 3% annual rent escalations and two 5-year options

Veterinary hospitals are recession resistant with e-commerce immunity vs. traditional retail

Pet hospitals rarely relocate due to patient retention difficulty and high build-out costs

±5,037 SF practice with excellent visibility and access to I-90 and IL-31

Surrounded by Target, Walmart, Trader Joe's, Costco, and Home Depot within ±2 miles

Global veterinary services market expected to reach $142 Billion by 2025, CAGR of 5.6%

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dundee Animal Hospital

Public Transportation

Commuter Rail	Drive	Walk	Distance
Crystal Lake (Union Pacific Northwest - Metra)	12 min	-	5.9 mi
Pingree Road (Union Pacific Northwest - Metra)	13 min	-	6.3 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	45 min	-	35.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes