New 15-Yr. Strickland Brothers | Established Location with Corporate Guaranty | 129,233 Residents in Trade Area Listing Details & Market Data

1560 E Algonquin Rd, Algonquin, IL 60102

  • For Sale $1,615,000
  • Property Type Other
  • Lot Size 0.32 SF
  • Parking Spaces Avail. 8
  • Year Built 1999
  • Year Renovated 2022
  • Date Updated Apr 14, 2024

SECURE INCOME STREAM

  •  New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
  • 10% Rent Increases Every 5 Years and Renewal Options
  • Corporate Guaranteed Lease, 140+ Locations in 24 States
  • Over 200 New Strickland Brothers Locations Planned by 2024
  • Strong Performing Location (Inquire with Broker), 23-Year Operating History
  • Princeton Equity Invested in Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans

PROXIMITY 

  • Excellent Access and Visibility to 35,100 Cars/Day
  • 129,223 Residents in Trade Area
  • Affluent Demographics with an Average Household Income of $125,524
  • Across from Jewel-Osco, one of the Largest Grocers in the Midwest
  • Adjacent to Newly Renovated Goodwill and Dollar Tree Anchored Center
  • Surrounded by Several K-12 Schools with 1,654 Students Combined
  • Other National Tenants in the Area Include Starbucks, McDonald’s, Chase Bank, Walgreens and Dunkin’
  • 40 Miles to Downtown Chicago

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Thomas Ladt

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (62)
  • Bike Score ®

    Bikeable (69)
Powered by Walk Score ®
  • City Algonquin, IL
  • Neighborhood Algonquin
  • Zip Code 60102
  • Market Chicago

Points of Interest

  • Cary

    3.74 miles

  • Fox River Grove

    3.76 miles

  • Pingree Road

    5.30 miles

  • Crystal Lake

    6.26 miles

  • Barrington

    7.25 miles

  • Big Timber Road

    7.59 miles

  • Elgin

    8.61 miles

  • National Street

    9.25 miles

  • Thorntons

    0.56 miles

  • Marathon

    0.58 miles

  • Phillips 66

    0.91 miles

  • Shell

    1.15 miles

  • BP

    1.22 miles

  • Mobil

    2.08 miles

  • Deisel Depot

    3.14 miles

  • Thorntons

    3.15 miles

  • BP

    3.24 miles

  • Meijer

    3.34 miles

  • Park parking

    0.26 miles

  • Algonquin Lakes Trailhead

    0.30 miles

  • Saint Margaret Mary School Parking

    0.78 miles

  • Algonquin Public Parking

    1.13 miles

  • MCTP trailhead @ Harrison Street

    1.17 miles

  • MCTP Trailhead @ Towne Park

    1.34 miles

  • MCTP trailhead @ Meyer Drive

    1.69 miles

  • Braewood Park

    1.97 miles

  • farm store parking

    2.21 miles

  • Visitor Parking

    2.23 miles

  • Chubby's Gyros

    0.08 miles

  • Dunkin'

    0.15 miles

  • Subway

    0.19 miles

  • Gourmet House Corporation

    0.26 miles

  • Sushi King II

    0.38 miles

  • Jimmy John's

    0.39 miles

  • Marco's Pizza

    0.40 miles

  • McDonald's

    0.64 miles

  • Donkey Bar and Grill

    0.76 miles

  • Port Edward Seafood Restaurant

    1.05 miles

  • Algonquin Middle School

    0.58 miles

  • Eastview Elementary School

    0.60 miles

  • Saint Margaret Mary School

    0.70 miles

  • Algonquin Lakes Elementary

    0.76 miles

  • Perry Elementary School

    1.67 miles

  • Dundee-Crown High School

    1.83 miles

  • Woodland Elementary School

    1.86 miles

  • Neubert Elementary School

    2.00 miles

  • Neubert Elementry School

    2.01 miles

  • Sunny Hill Elementary School

    2.15 miles

  • Learning Experience

    3.25 miles

  • The Learning Hills

    3.47 miles

  • Barlina House Preschool

    5.55 miles

  • Friendship House

    5.88 miles

  • Two Rivers Head Start Agency

    7.56 miles

  • The Learning Tree Childcare

    7.92 miles

  • Children Love to Learn Development Centers, Inc.

    7.97 miles

  • Hoffman Estates KinderCare

    8.86 miles

  • Elgin Child & Family Resource Center

    8.91 miles

  • Advance Preschool

    9.84 miles

Contact Listing Broker

broker

Thomas Ladt