Archway Center | Crystal Lake, IL
For Sale
Archway Center | Crystal Lake, IL
Asking Price: $2,990,000
| Cap Rate: 8.35%
- Net Operating Income: $250,010
- Weighted Avg. Lease Term (WALT): 6 Years
- Lease Type: Net
Property Highlights
- Strong location in prime retail corridor of Crystal Lake
- Value-add opportunity by leasing 3,000 SF or 25% of the vacant space
- Desirable demographics with average household income over $100,000 within a three-mile radius
- Priced below replacement cost for high-quality, all brick construction
