Dual-Tenant Retail Building | Joliet, IL
For Sale
Dual-Tenant Retail Building | Joliet, IL
Asking Price: $2,820,000
| Cap Rate: 7.75%
- Net Operating Income: $218,688
- Weighted Avg. Lease Term (WALT): 7.7 Years
- Lease Type: Net
Property Highlights
- Recently extended 10 year lease to Dollar Tree and new 5-year lease to Osaka Hibachi Grill & Sushi
- Located in the heart of a major retail corridor, and directly across from Louis Joliet Mall
- Excellent demographics, average HH incomes over $94,000 within 1-mile
- Acquire the property significantly below replacement cost
