For Sale

American Mattress | Huntley, IL

Asking Price: $1,920,000 | Cap Rate: 6.65%

  • Net Operating Income: $128,000
  • Weighted Avg. Lease Term (WALT): 10 Years
  • Lease Type: Net

Property Highlights

  • Attractive Lease Terms; Leased to American Mattress on a brand new 10-year net-lease Providing minimal landlord responsibilities
  • Rapidly Developing Area; Thousands of homes/apartments under construction, or approved for development, within the immediate market
  • Hedge Against Inflation; Two rental escalations throughout initial term of lease Provides an investor with a hedge against inflation
  • Brand-New Construction; High quality building with attractive design; completed in Q1 of 2024