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6350 W 135th St
Palos Heights, IL 60463

$2,710,000 USD

Service Station For Sale  •  7,800 SF

Property Details

  • Property Type Service Station
  • Total Building Size 7,800 SF
  • Lot Size 1.69 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 6.75 %
  • Tenancy Multiple
  • Zoning business
0 Transit Score
38 Walk Score

Highlights

7-Eleven Anchored Center: Corporate guaranteed lease with investment-grade tenant (S&P: A, Moody’s: Baa2)
Immediate Stability with Long-Term Upside: An additional 4,800 sq ft of small box space alongside 7-Eleven is either vacant or leased at below market
Expressway Accessible: 3 miles from I-294, which connects the northwest & southwest suburbs of Chicago and experiences over 150,000 vehicles per day
Chicago MSA: 3rd most populous city in the U.S. (2.7 million people) and 3rd largest MSA in the U.S. (10 million people)
Proximity to MDW: Located 11.5 miles S of Midway Intern Airport, underwent a $400M capital improvement program & sees over 22M travelers per year
Ease of Access: The subject property has its own dedicated points of ingress/egress along West 135th Street and Ridgeland Avenue
Cap Rate: 6.75 %

Amenities

  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Palos Park Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.6 mi
Palos Heights Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 9 min - 4.7 mi
AirportDriveWalkDistance
Chicago Midway International 21 min - 12.2 mi
Chicago O'Hare International 46 min - 32.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 49
Type: Surface
Included in Rent: Yes
Brad Dessy 310-936-1050 Hanley Investment Group
Brad Dessy 310-936-1050 Hanley Investment Group