Strickland Brothers

1971 US Route 30, Montgomery, IL

Property Information

Price Summary

$ 2,331,000

Cap Rate

6.75 %

NOI

$ 157,342

Total Lot Size

0.52 Acres

Building Size

1,781 SF

Brad Motley

Partner

T: (817) 980-0512

Property Highlights

  • 2023 Construction – Strickland Brothers 10 Minute Oil Change With 13+ Years Remaining on the Primary Term
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • 10% Rental Increases Every 5 Years Throughout Primary Term and Options
  • Chicago MSA With 166K+ Residents Within 5 Miles Having an Average Household Income of Over $108K
  • Near Signalized Corner Intersection of Base Line Rd and Orchard Rd With Combined 45,100 VPD
  • Situated Across From Walmart Supercenter and Near Several Retailers Including Aldi, Starbucks, Dollar Tree and More
  • Strickland Brothers was Founded in 2016 and Currently has Approximately 250+ Locations

Point of Contact

Brad Motley

Partner

T: (817) 980-0512

TX #586199

Steelman Juarez

Associate Director

T: (972) 921-8464

TX #713565

In Cooperation With Brian Brockman at Bang Realty-Illinois, Inc | IL #471020548 | bor@bangrealty.com | (513) 898-1551

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