Sale Brochure (L)€¦ · MORKEN & ASSOCIATES KATE COXWORTH 1888 E. Fabyan Parkway, Batavia, IL...
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◼ Restaurant Property For Sale INVESTMENT OPPORTUNITY 35 N. Water Street, Batavia, IL 60510 BUILDING SIZE: 4,000 SF ZONING: Downtown Mixed Use ADDRESS: 35 N. Water Street Batavia, IL 60510 SUMMARY: DO NOT DISTURB TENANT. Investment sale only. Excellent standing tenant is staying in place. Roof is 1 year old and tenant has put over $300,000 in improvements into building. Great opportunity for an investor to collect a monthly income with a stable and paying tenant. MORKEN & ASSOCIATES KATE COXWORTH 1888 E. Fabyan Parkway, Batavia, IL 60510 312.450.5655 630.567.7800 | morkenassociates.com [email protected] All information herein is from sources deemed reliable but not guaranteed accurate. Subject to errors, omissions, and to change of price and terms, prior lease, all without notice. The Listing agent makes no warranties or representations about the information contained in this form, therefore, it is the Tenant's/Purchaser’s responsibility to ascertain its requirements and to determine that specifications listed on this listing form are acceptable to the Tenant/Purchaser.
Transcript of Sale Brochure (L)€¦ · MORKEN & ASSOCIATES KATE COXWORTH 1888 E. Fabyan Parkway, Batavia, IL...
◼ Restaurant Property For Sale
INVESTMENT OPPORTUNITY35 N. Water Street, Batavia, IL 60510
BUILDING SIZE:
4,000 SF
ZONING:
Downtown Mixed Use
ADDRESS:
35 N. Water Street Batavia, IL 60510
SUMMARY:
DO NOT DISTURB TENANT. Investment sale only. Excellent standing tenant is staying in place. Roof is 1 year old and tenant hasput over $300,000 in improvements into building. Great opportunity for an investor to collect a monthly income with a stable andpaying tenant.
MORKEN & ASSOCIATES KATE COXWORTH1888 E. Fabyan Parkway, Batavia, IL 60510 312.450.5655630.567.7800 | morkenassociates.com [email protected]
All information herein is from sources deemed reliable but not guaranteed accurate. Subject to errors, omissions, and to change of price and terms, prior lease, all without notice. The Listing agent makes no warranties or representations about the information contained in this form,therefore, it is the Tenant's/Purchaser’s responsibility to ascertain its requirements and to determine that specifications listed on this listing form are acceptable to the Tenant/Purchaser.
MORKEN & ASSOCIATES KATE COXWORTH1888 E. Fabyan Parkway, Batavia, IL 60510 312.450.5655630.567.7800 | morkenassociates.com [email protected]
All information herein is from sources deemed reliable but not guaranteed accurate. Subject to errors, omissions, and to change of price and terms, prior lease, all without notice. The Listing agent makes no warranties or representations about the information contained in this form,therefore, it is the Tenant's/Purchaser’s responsibility to ascertain its requirements and to determine that specifications listed on this listing form are acceptable to the Tenant/Purchaser.
PROPERTY OVERVIEW
DO NOT DISTURB TENANT. Investment sale only. Excellent standing tenant is staying in place. Roof is 1 year old andtenant has put over $300,000 in improvements into building. Great opportunity for an investor to collect a monthly incomewith a stable and paying tenant.
HIGHLIGHTS
• 8.27% CAP Rate
• Tenant pays taxes and CAM on top of monthly rent.
Sale Price $696,000
OFFERING SUMMARY
Building Size: 4,000 SF
Price / SF: $174.00
Cap Rate: 8.0%
Year Built: 1965
Renovated: 2015
Zoning: Downtown Mixed Use
Market: Fox Valley
◼ Executive Summary
MORKEN & ASSOCIATES KATE COXWORTH1888 E. Fabyan Parkway, Batavia, IL 60510 312.450.5655630.567.7800 | morkenassociates.com [email protected]
All information herein is from sources deemed reliable but not guaranteed accurate. Subject to errors, omissions, and to change of price and terms, prior lease, all without notice. The Listing agent makes no warranties or representations about the information contained in this form,therefore, it is the Tenant's/Purchaser’s responsibility to ascertain its requirements and to determine that specifications listed on this listing form are acceptable to the Tenant/Purchaser.
◼ Location Maps
35 N. Water Street 35 N. Water Street
MORKEN & ASSOCIATES KATE COXWORTH1888 E. Fabyan Parkway, Batavia, IL 60510 312.450.5655630.567.7800 | morkenassociates.com [email protected]
All information herein is from sources deemed reliable but not guaranteed accurate. Subject to errors, omissions, and to change of price and terms, prior lease, all without notice. The Listing agent makes no warranties or representations about the information contained in this form,therefore, it is the Tenant's/Purchaser’s responsibility to ascertain its requirements and to determine that specifications listed on this listing form are acceptable to the Tenant/Purchaser.
POPULATION 1 MILE 3 MILES 5 MILES
Total Population 8,988 57,188 137,842
Median age 40.8 39.7 37.7
Median age (Male) 40.5 39.5 37.1
Median age (Female) 41.3 40.2 38.6
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 3,597 20,718 49,837
# of persons per HH 2.5 2.8 2.8
Average HH income $90,162 $104,705 $96,055
Average house value $298,619 $343,783 $326,940
* Demographic data derived from 2010 US Census
◼ Demographics Map & Report
