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