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Broker

Dan Elliot

SRS National Net Lease Group
Chicago Team
Senior Vice President
  • 17Active Listing
  • 0Under Contract
  • 1Sold Transactions

Dan joined SRS with nearly fifteen years of experience in real estate, both as an advisor and investor, and has worked exclusively with clients in the acquisition and disposition of leased investment properties nationwide. Dan, along with Sean Lutz, led the net lease group at SVN Commercial Real Estate Advisors, and has experience in single-tenant sales, anchored and unanchored shopping center sales, power center and portfolio dispositions and pre-development sales. He has a long list of repeat clients, ranging from small private investors to some of the largest investment funds and international institutional groups. His ability to assist his clients buy and effectively market quality leased investment properties has led to his ranking as one of the top advisors nationwide year-after-year.

IL 475144985
125 S Wacker Dr Suite 1910 Chicago, IL 60606

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2893 Veterans Memorial Parkway, Saint Charles, MO , 63301
  • Size SF5,159
  • Built/Renov1993/2023
  • Price/SF$437
  • Lease Start07-01-2023
  • Rent/SF$26.19
  • Lease Type Double NN
  • Lot/AC1.19
  • Pop 5MI143,567

2,252,000

  • Cap Rate 6.00%
  • NOI $135,122
  • R. Term/Yrs 7.0
  • Guarantor Corporate
  • # Units 5
  • Recent renovation

  • WalMart out-parcel

  • Strategically located

  • Freeway close

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Corporate Guarantee

  • ...
  • Tenant Consumer Cellular
  • Guarantor Corporate
  • #Units 5
  • Stock Private
2323 Charles Street, Rockford, IL , 61104
  • Size SF13,452
  • Built/Renov1994
  • Price/SF$274
  • Lease Start12-01-1994
  • Rent/SF$18.36
  • Lease Type Double NN
  • Lot/AC2.09
  • Pop 5MI172,738

3,686,000

  • Cap Rate 6.70%
  • NOI $246,959
  • R. Term/Yrs 1.11
  • Guarantor Corp R + T
  • # Units 8,896
  • Hard corner intersection

  • In location for years

  • Major thoroughfare

  • Dense retail corridor

  • Dense 100M+ pop 5 mi

  • Major MSA

  • Long operation history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
120 Inkster Road, Inkster, MI , 48141
  • Size SF13,885
  • Built/Renov1998/2022
  • Price/SF$125
  • Lease Start10-31-2023
  • Rent/SF$8.11
  • Lease Type Double NN
  • Lot/AC1.72
  • Pop 5MI309,997

1,733,000

  • Cap Rate 6.50%
  • NOI $112,630
  • R. Term/Yrs 9.10
  • Guarantor Corp R + T
  • # Units 8,134
  • Signalized intersection

  • Recent renovation

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 8,134
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
2871 Gulf to Bay Boulevard, Clearwater, FL , 33759
  • Size SF5,547
  • Built/Renov2014
  • Price/SF$589
  • Lease Start12-01-2014
  • Rent/SF$23.56
  • Lease Type Abs NNN
  • Lot/AC1.28
  • Pop 5MI222,169

3,267,000

  • Cap Rate 4.00%
  • NOI $130,680
  • R. Term/Yrs 10.11
  • Guarantor Corp R + T
  • # Units 40,275
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant McDonald's USA, LLC
  • Guarantor Corp T and Rated
  • #Units 40,275
  • Moody's/S&P Baa1/ BBB+
  • Stock NYSE: MCD
5298 Highland Road, Baton Rouge, LA , 70808
  • Size SF12,355
  • Built/Renov2012
  • Price/SF$340
  • Lease Start09-01-2023
  • Rent/SF$20.40
  • Lease Type Abs NNN
  • Lot/AC0.95
  • Pop 5MI145,464

4,200,000

  • Cap Rate 6.00%
  • NOI $252,000
  • R. Term/Yrs 14.8
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
385 East North Avenue, Northlake, IL , 60164
  • Size SF4,862
  • Built/Renov1968/2022
  • Price/SF$370
  • Lease Start04-01-2022
  • Rent/SF$24.99
  • Lease Type Abs NNN
  • Lot/AC0.46
  • Pop 5MI358,722

1,800,000

  • Cap Rate 6.75%
  • NOI $121,500
  • R. Term/Yrs 13.3
  • Guarantor Franchisee
  • # Units 6
  • Recent renovation

  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • ...
  • Tenant Meineke
  • Guarantor Franchisee
  • #Units 6
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN
9640 South Cicero Avenue, Oak Lawn, IL , 60453
  • Size SF2,200
  • Built/Renov1961/2022
  • Price/SF$818
  • Lease Start12-01-2023
  • Rent/SF$55.23
  • Lease Type Abs NNN
  • Lot/AC0.39
  • Pop 5MI479,995

1,800,000

  • Cap Rate 6.75%
  • NOI $121,500
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 6
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Tenant Meineke
  • Guarantor Franchisee
  • #Units 6
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN
835 West Galena Avenue, Freeport, IL , 61032
  • Size SF12,023
  • Built/Renov1991
  • Price/SF$136
  • Lease Start11-01-1991
  • Rent/SF$9.53
  • Lease Type Double NN
  • Lot/AC0.98
  • Pop 5MI28,306

1,636,000

  • Cap Rate 7.00%
  • NOI $114,545
  • R. Term/Yrs 2.10
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Highway location

  • Major MSA

  • Recently extended lease

  • Strong sales history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
26635 Brookpark Road, North Olmsted, OH , 44070
  • Size SF15,835
  • Built/Renov1986/1999
  • Price/SF$203
  • Lease Start10-01-1996
  • Rent/SF$14.23
  • Lease Type Double NN
  • Lot/AC1.74
  • Pop 5MI170,153

3,220,000

  • Cap Rate 7.00%
  • NOI $225,385
  • R. Term/Yrs 9.1
  • Guarantor Corp R + T
  • # Units 303
  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Traded and rated company

  • Subsidiary guarantee

  • ...
  • Tenant Guitar Center Stores, Inc.
  • Guarantor Corp T and Rated
  • #Units 303
  • Stock NYSE: ARES
2404 South Perryville Road, Rockford, IL , 61108
  • Size SF14,490
  • Built/Renov2008
  • Price/SF$563
  • Lease Start10-01-2008
  • Rent/SF$28.17
  • Lease Type Abs NNN
  • Lot/AC1.53
  • Pop 5MI98,877

8,162,600

  • Cap Rate 5.00%
  • NOI $408,130
  • R. Term/Yrs 9.9
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • High traffic 50M+ VPD

  • Freeway close

  • Affluent suburb location

  • Major MSA

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
1450 U.S. 160, Everton, MO , 65646
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$130
  • Lease Start02-02-2023
  • Rent/SF$8.10
  • Lease Type Abs NNN
  • Lot/AC1.76
  • Pop 5MI1,551

1,379,000

  • Cap Rate 6.25%
  • NOI $86,207
  • R. Term/Yrs 14.1
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
5801 Brooklyn Boulevard, Brooklyn Center, MN , 55429
  • Size SF14,662
  • Built/Renov2005
  • Price/SF$426
  • Lease Start12-01-2006
  • Rent/SF$24.06
  • Lease Type Abs NNN
  • Lot/AC1.53
  • Pop 5MI319,139

6,243,000

  • Cap Rate 5.65%
  • NOI $352,718
  • R. Term/Yrs 8.0
  • Guarantor Corp R + T
  • # Units 9,900
  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • ...
  • Tenant Grand St. Paul CVS, LLC
  • Guarantor Corp T and Rated
  • #Units 9,900
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: CVS
2950 North Oakland Avenue, Milwaukee, WI , 53211
  • Size SF14,823
  • Built/Renov2007
  • Price/SF$616
  • Lease Start07-01-2007
  • Rent/SF$32.35
  • Lease Type Abs NNN
  • Lot/AC0.99
  • Pop 5MI304,312

9,133,333

  • Cap Rate 5.25%
  • NOI $479,500
  • R. Term/Yrs 8.6
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Dense retail corridor

  • Freeway close

  • University college close

  • Hospital close

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA
51 State Highway 143, Patterson, MO , 63956
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$159
  • Lease Start07-01-2023
  • Rent/SF$9.96
  • Lease Type Abs NNN
  • Lot/AC1.33
  • Pop 5MI1,089

1,696,000

  • Cap Rate 6.25%
  • NOI $106,000
  • R. Term/Yrs 14.6
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Hard corner intersection

  • Highway location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dolgencorp, LLC
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
905 U.S. 54, Vandalia, MO , 63382
  • Size SF12,688
  • Built/Renov2023
  • Price/SF$149
  • Lease Start10-01-2023
  • Rent/SF$9.28
  • Lease Type NN+
  • Lot/AC1.93
  • Pop 5MI4,217

1,885,000

  • Cap Rate 6.25%
  • NOI $117,789
  • R. Term/Yrs 14.9
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Brand new lease

  • Long 15+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dolgencorp, LLC
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
1549 Lake Park Drive, Germantown, IL , 62245
  • Size SF9,014
  • Built/Renov2009
  • Price/SF$127
  • Lease Start12-01-2009
  • Rent/SF$8.73
  • Lease Type Double NN
  • Lot/AC1.43
  • Pop 5MI10,520

1,149,000

  • Cap Rate 6.85%
  • NOI $78,726
  • R. Term/Yrs 5.11
  • Guarantor Corp R + T
  • # Units 19,294
  • Hard corner intersection

  • In location for years

  • Highway location

  • Affluent suburb location

  • Long operation history

  • Recently extended lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dolgencorp, LLC
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
16018 Kedzie Avenue, Markham, IL , 60428
  • Size SF8,700
  • Built/Renov2005
  • Price/SF$123
  • Lease Start09-01-2023
  • Rent/SF$6.46
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI228,336

1,070,000

  • Cap Rate 5.25%
  • NOI $56,179
  • R. Term/Yrs 1.8
  • Guarantor Corp R + T
  • # Units 6,943
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Freeway close

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • Subsidiary guarantee

  • ...
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 6,943
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO

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