Retail

Ashley HomeStore - Algonquin, IL

2451 S Randall Rd Algonquin, IL United States 60102-5931
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Key Facts

Year Built 2006
Lease Type NN
Current / Passing Rent
Lease Expiration 2027-04-05
Remaining Term 6 years, 10 months
Tenant Ashley Furniture Homestore
Building Area
Land Area

Property Description

JLL is pleased to offer Ashley HomeStore for sale. Located in an affluent suburb 40 miles northwest of Chicago, it is 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

  • Rent-to-sales ratio of 6.10%
  • Opportunistic yield profile
  • Strong commitment to location
  • Located in one of Illinois’ most stable retail corridors (S&P-Rated: AAA)
Nicholas Kanich
Senior Director, Capital Markets
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
Licensed in
IL - 475.170243

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