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340 E Rollins Rd
Round Lake, IL 60073

$2,300,000 USD

Freestanding For Sale  •  21,083 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 21,083 SF
  • Lot Size 1.47 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 6.17 %
  • Tenancy Single
  • Zoning C-2
0 Transit Score
70 Walk Score

Highlights

Below-Market Rent
Corporate Lease with healthy rental escalations
Long-Term Operating History
Future Re-Tenanting and Redevelopment Opportunity
Strategic Outparcel to Future Target, entertainment center and national tenants
Outstanding Retail Corridor | Unmatched Access/Visibility | Strategic Outparcel to Future Target, Entertainment Center & National Tenants
Cap Rate: 6.17 %

Major Tenants

Tenant SF Occupied Lease End Date
Harbor Freight Tools 21,083 SF 11/30/2028

Public Transportation

Commuter RailDriveWalkDistance
Round Lake Beach Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 15 min 0.8 mi
Round Lake Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.9 mi
Transit/SubwayDriveWalkDistance
Round Lake Beach Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min 19 min 1.0 mi
AirportDriveWalkDistance
Chicago O'Hare International 52 min - 38.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 31
Type: Surface
Included in Rent: Yes
Michael Kaider CBRE, Inc.
Michael Kaider CBRE, Inc.