For Sale

6631 Grand Ave. | Gurnee, IL

Asking Price: $4,150,000 | Cap Rate: 6.5%

  • Net Operating Income: $269,601
  • Weighted Avg. Lease Term (WALT): 5.04 Years
  • Lease Type: Net

Property Highlights

  • All tenants are original tenants and have exercised renewal options, indicating strong performance
  • Complimentary mix of national retailers signed to landlord favorable net leases
  • Asset lies in a densely populated area, with over 40,926 residents within 3-miles of the asset
  • Average household income of more than $162,700 within a 3-mile radius of the property