6200 West Plank Road

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6200 West Plank Road

Bellevue, IL 61604
Asking Price
$2.24M
Cap Rate
6.75%
Asset Type
Retail
Class
Class B

What's Special

Rare Brink's Portfolio: Two Locations, 30-Year History, Fresh Lease Extensions <p><strong>β€’ Long-Term Tenant Commitment -</strong> Brink's Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance. The tenant recently executed a new 5-year lease extension, ensuring income stability and reaffirming their commitment to the site.</p><p><strong>β€’ Absolute Net Lease –</strong> Passive Ownership - The lease is structured on an absolute net basis, with Brink's responsible for all real estate expenses, including property taxes, insura

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NOI
$80,000
Cap Rate
3.57%
DSCR
0.60
Underwater
Cash-on-Cash
-7.89%
Monthly Payment
$11,082.298
Annual Cash Flow
$-52,987.574

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