GC Realty & Development, LLC has a new single user NNN Lease exclusive listing in East Dundee, IL that is a true NNN lease. Enterprise Rent A Car, a national brand, has leased out this property for almost 20 years and has two 5 year options available after the current period ends that runs thru January 2022. There is a current year gross income of $31,212.00 with annual increases built in. The building is a single user, tenant maintains the building inside and out, pays the taxes, and Investor/Landlord does nothing but collect the rent. The location is surrounded by car dealerships.
- Sale Price - $389,900.00
- Tenant - Enterprise Car Rental (www.enterprise.com)
- Current Term Expires 2022
- Two 5 year Extensions Built into lease with increases.
- Contact Sharon Glasshof 847-533-6974 or reply here