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6350 W 135th St
Palos Heights, IL 60463

$3,305,000 USD

Service Station For Sale  •  8,000 SF

Property Details

  • Property Type Service Station
  • Total Building Size 8,000 SF
  • Lot Size 1.69 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning business
0 Transit Score
40 Walk Score

Highlights

7-Eleven-Anchored Center: 100% leased center with long-term leases through 2030 and 2036
Corporate-guaranteed net lease with investment-grade tenant (S&P: A-)
7-Eleven recently exercised two consecutive options and currently has 10 years remaining, showing commitment to the location
Attractive Price Point / Rent Structure: Lowest-priced 7-Eleven anchored center currently for sale in the Chicagoland area
Best-in-Class Retailer: With $69 billion in global annual sales
Hard-Corner Signalized Intersection Location: Situated at the northeast corner of W. 135th Street and S. Ridgeland Avenue
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Mobil

Amenities

  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Palos Park Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.6 mi
Worth Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 4.0 mi
AirportDriveWalkDistance
Chicago Midway International 21 min - 11.3 mi
Chicago O'Hare International 63 min - 31.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 49
Type: Surface
Included in Rent: Yes
Brad Dessy 310-936-1050 Hanley Investment Group
Brad Dessy 310-936-1050 Hanley Investment Group