Island Lake Commons Portfolio | Island Lake, IL
For Sale
Island Lake Commons Portfolio | Island Lake, IL
Asking Price: $2,710,000
- Weighted Avg. Lease Term (WALT): 5.3 Years
- Lease Type: Net
Property Highlights
- Offering of a single-tenant AutoZone and a multi-tenant retail strip center (can be purchased together or separate)
- AutoZone lease is corporately guarantied; largest auto parts chain in the United States; investment grade credit rating (S&P: BBB)
- Value-add opportunity; two unoccupied “vanilla-boxed” retail suites providing immediate upside for investors
- Population of 73,185 and an average household income of $122,400 within 5 miles of the site
