For Sale

Lincoln Square | Matteson, IL

Asking Price: $1,635,000 | Cap Rate: 9%

  • Net Operating Income: $147,060
  • Weighted Avg. Lease Term (WALT): 2.49 Years
  • Lease Type: Full Service Gross

Property Highlights

  • 90% Leased; Stabilized investment opportunity with a true value-add component through converting gross leases to net leases and leasing up current vacancies
  • Recent leasing momentum; 1 newly executed lease
  • Easily accessible site; 2 points of ingress/egress from Lincoln Highway
  • Asset lies in a densely populated area, with over 156,170 residents within 5 miles of the site