272 Caterpillar Drive

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272 Caterpillar Drive

Joliet, IL 60436
Asking Price
$800K
Asset Type
Retail
Class
Class B

What's Special

Retail | 3,000 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding bank/professional building located at 272 Caterpillar Drive in Joliet, Illinois (the “Property”). The Property is improved by a single-story bank/ professional building comprised of 3,000 square feet and is situated on 79,715 square feet of land (1.83 acres). The Property will be delivered vacant and offers the opportunity for a new owner to reposition the asset through the lease up of the vacant spa

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438

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