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

For Sale

1560 E Algonquin Rd, Algonquin, IL 60102

This Algonquin property for sale is located at 1560 E Algonquin Rd. The current listed sale price for New 15-Yr. Strickland Brothers | Established Location with Corporate Guaranty | 129,233 Residents in Trade Area is $1,615,000. New 15-Yr. Strickland Brothers | Established Location with Corporate Guaranty | 129,233 Residents in Trade Area is situated on a lot that is 0.32 square feet in size.

Contacts

broker

Thomas Ladt

Property Details

  • Property Type Other
  • Lot Size 0.32 SF
  • Parking Spaces Avail. 8
  • Year Built 1999
  • Year Renovated 2022
  • Date Updated Apr 25, 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

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Getting around

  • 62/100

    Walk Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Casual Living Extended Stay Hotels

    0.95 miles

  • Victorian Rose Garden Bed & Breakfast

    1.27 miles

  • Holiday Inn Express & Suites Chicago-Algonquin

    3.51 miles

  • Crystal Lake Holiday Inn

    4.21 miles

  • Country Inn & Suites

    4.92 miles

  • Comfort Inn

    5.79 miles

  • TownePlace Suites

    5.96 miles

  • Courtyard

    5.96 miles

  • Holiday Inn

    6.10 miles

  • Quality Inn

    6.15 miles

  • Jewel-Osco

    0.16 miles

  • Rosemart Deli

    0.69 miles

  • Walmart Supercenter

    2.86 miles

  • Deli 4 You

    3.14 miles

  • Jewel-Osco

    3.29 miles

  • ALDI

    3.31 miles

  • Target

    3.45 miles

  • Walmart Supercenter

    3.46 miles

  • JCPenney

    3.46 miles

  • Algonquin Commons

    3.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Thomas Ladt