Huntley Crossings | Huntley, IL

For Sale

Huntley Crossings | Huntley, IL

Asking Price: $2,870,000 | Cap Rate: 6.65%

• Net Operating Income: $190,901
• Weighted Avg. Lease Term (WALT): 8.8 Years
• Lease Type: Net

Property Highlights

• Newly constructed in 2024, this 100% leased multi-tenant retail center features national and regional tenants all signed to landlord favorable net-leases with a WALT greater than 8.75+ years
• The property is strategically positioned within 2 miles of several new residential & retail developments
• The property is located along Illinois Route-47, the main retail thoroughfare in Huntley, seeing over 32,361 vehicles per day
• The property is anchored by a complementary mix of food-service users and traditional retailers, all benefiting from strong lease structures and with rental increases and renewal options in place