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430 N Mclean Blvd
South Elgin, IL 60177 Elgin/Dundee

$2,585,000 USD

Freestanding For Sale  •  7,326 SF

Property Details

• Property Type Freestanding
• Total Building Size 7,326 SF
• Lot Size 1.04 AC
• Building Class C
• Year Built 2015
• Cap Rate 5.75 %
• Tenancy Single

0 Transit Score

68 Walk Score

Highlights

Corporate Long Term Lease with 9+ Years Remaining featuring Favorable Rental Increases at Each Option.

Positioned Along Area’s Retail & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles.

Densely Populated and Affluent Area: Features an Average Household Income of $118k+ within a 1-Mile Radius & over 154k People Residing within 5 Miles.

Near Numerous National Retailers including Walmart Supercenter, Sam’s Club, Meijer, Menards, CVS, The Home Depot, Michaels, Walgreens, Kohl’s, etc.

Near Elgin Community College (8k+ Students) - hosts Touring Artists & Music Productions in its two Theaters -the 662-seat Blizzard Theatre.

The Overall Company is Ranked #249 on Fortune 500 List & Features a S&P Investment Grade Credit Rating of “BBB” with an Annual Revenue of 17.78 B.

Cap Rate:

5.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
O'Reilly Auto Parts	7,326 SF	7/31/2035

Public Transportation

Commuter Rail	Drive	Walk	Distance
National Street Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	9 min	-	4.2 mi
Elgin Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	9 min	-	4.4 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	59 min	-	27.7 mi