Ashley HomeStore - Algonquin, IL

Asset Type

Retail

Address
2451 S Randall Rd Algonquin, IL United States 60102-5931
Asking Price

S$11,280,000

Sq Footage

50,000

Year Built

2006

Cap Rate

8.50%

Additional Attributes

Property Description

Ashley HomeStore for sale in affluent suburb 40 miles northwest of Chicago. One of the nation’s largest furniture manufacturers and retailers, Ashely HomeStore has operated at this site for the past 12 years, a primary retail location that serves Algonquin and the surrounding communities.

Investment Highlights

  • Fee simple interest
  • Property includes an NN lease with 8 years of the term remaining
  • Ashley HomeStore has strong commitment to the location
  • Located in one of Illinois’ most stable retail corridors
Listing Contacts
Nicholas Kanich
Nicholas Kanich
SVP, Capital Markets
+65 3159 4021
IL - 475147401
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
+65 3159 4021
IL - 475.170243
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