Price: $350,000
3,191 SQFT INTERIOR · 43,667 SQFT SITE
Annual Rent: $45,847 from 12/31/1999 to 12/30/2019
5 Year Options:
– Option 1: $44,000 from 12/31/2019 to 12/30/2024
– Option 2: $44,000 from 12/31/2024 to 12/30/2029
Maintenance Rider: USPS up to $250 (m-1)
Tax Rider: USPS Tax Reimbursement Rider
Notes:
- The post office was built to USPS specifications in 1999
- A new 50 year roof was installed in 2013
- Level 18 post office
- MELISSA Demographics shows a small population in the village, but there is a population of 1,554 living outside the village and in the Huntley zip code. You should not only count the people in the village.
- Hours are: Monday-Friday 7:00am to 12:00pm and 2:00pm to 4:30pm
Comparable Post Offices:
Comparable post offices were chosen by using the first three digits of the Huntley zip code (590xx) to show the nearest post offices. We also filtered for post offices between 1,500 interior square feet and 5,000 interior square feet with rent per square foot above $13.79 PSF.
DISCLOSURE: Marvo, Inc. is in contract to buy this post office at a price lower than the asking price. Marvo is willing to assign and thereby sell the Contract of Purchase and Sale to a third party at a suitable assignment fee. DO NOT CALL THE POST OFFICE OR THE OWNER WITHOUT FIRST ASKING PERMISSION FROM MARVO, INC. IF YOU DO, YOU WILL BE GUILTY OF “LEGAL INTERFERENCE” IN AN ONGOING CONTRACTUAL TRANSACTION. This offering is void where prohibited by law. Marvo retains the right to withdraw this offering or change terms &/or pricing at any time without notice. None of the information herein is warranted as it has been received from a third party.
