910 Piemonte Drive
East Dundee, Illinois 60118

Closed / MLS #11492027 / Business / East Dundee
Listing information updated 1/31/2023 at 4:43pm
NNN Leased-Fee property for sale! ATTENTION INVESTORS- 8% CAP RATE!! LEASED FEE INTEREST FOR SALE-EAST DUNDEE MARKET AREA. 16,330 sq ft. special-purpose auto body repair facility built 1995 & 1998. 1.33 acres, fenced, surrounded by new and pre-owned car/auto dealerships, plus new multi-$$million Altorfer Caterpiller sales/service facility. Annexed to East Dundee with TIF#2 as a line item in tax bill (costing $1,857 in 2021) Municipal water, sanitary sewer, police, and fire protection. Taxes 2021 $1.22psf (NNN Lease). Lessee- Service King, a national franchise with possible merger with Crash Champions in advanced discussions. $145,000 NOI through August 2025 with no option for renewal, but possibly could be renewed and/or extended. Lessor responsible for structural, roof. Nearby- Santa's Village Amusement Park -ByRider Pre-owned car sales -Piemonte Chevrolet Sales/Service -Robert Loquercio Ford Sales/Service -Altorfer Caterpiller dealership facility (new) -Max McGraw Wildlife Foundation -Healy Auto Sales -Enterprise Rent-A-Car -Superior Car Credit -Economy Plus Auto Sales/Service Zoning- B-4 East Dundee, Automotive Service District. History- This body shop was part of a Saturn dealership fronting on Rt. 25. The Saturn dealership minus the body shop was sold to ByRider Pre-owned Cars and the body shop was then leased to Service King.

Listing Office: Coleman Land Company

Agent Contact Information: mark@colemanland.com

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