Dual-Tenant Retail | Oak Lawn, IL
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
