For Sale

Dual-Tenant Retail | Oak Lawn, IL

Asking Price: $2,260,000 | Cap Rate: 8.15%

  • Net Operating Income: $184,070
  • Weighted Avg. Lease Term (WALT): 6.55 Years
  • Lease Type: Net

Property Highlights

  • 100% Leased; Stabilized investment opportunity with a property WALT greater than 6.5-years
  • Placed in a prime retail corridor of Oak Lawn with great visibility along 95th Street, which sees approximately 36,012 VPD
  • 20-Year Firestone roof warranty (Expires 7/2041)
  • Strong hedge against inflation; both tenants feature attractive 2% annual rental increases