Net Lease Activity in Illinois

November Capital  /   October 15, 2021

State of Illinois Net Lease Rundown

Notable Transactions Over the Last Several Weeks 

  • 10/5/2021 – Wayne City, IL – Dollar General – Lease With 5 Years Remaining – Sells for $1,408,382 or a 6.00% Cap Rate
  • 9/30/2021 – Urbana, IL – Burger King – Lease With 10 Years Remaining – Sells for $1,739,000 or a 5.75% Cap Rate
  • 9/23/2021 – Springfield, IL – Party City – Lease with 6 Years Remaining – Sells for $2,750,000 or a 8.50% Cap Rate
  • 9/21/2021 – Ullin, IL – Dollar General – Lease With 15 Years Remaining – Sells for $1,387,900 or a 5.50% Cap Rate
  • 9/20/2021 – Chicago, IL – Blue Cross Blue Shield Office Building – Long Term Lease – Sells for $20,000,000 or a 6.50% Cap Rate
  • 9/20/2021 – Chicago, IL – Tesla Service Center – Lease With 10 Years Remaining – Sells for $13,100,000 or a 6.00% Cap Rate
  • 9/14/2021 – Palatine, IL – 7-Eleven – Lease With 15 Years Remaining – Sells for $4,216,000 or a 5.09% Cap Rate
  • 9/8/2021 – Highland, IL – Hardee’s – Lease With 14 Years Remaining – Sells for $1,713,000 or a 5.00% Cap Rate
  • 9/8/2021 – Mattoon, IL – Sonic – Lease With 20 Years Remaining – Sells for $875,000 or a 5.48% Cap Rate
  • 9/2/2021 – Granite City, IL – Taco Bell – Lease With 20 Years Remaining – Sells for $2,390,000 or a 5.18% Cap Rate

Published by November Capital for Informational Purposes Only.