Melrose Crossing | Melrose Park, IL

For Sale

Melrose Crossing | Melrose Park, IL

Asking Price: $12,290,000 | Cap Rate: 9.5%

• Net Operating Income: $1,167,935
• Weighted Avg. Lease Term (WALT): 5.5 Years
• Lease Type: Net

Property Highlights

• High barrier to entry in dense urban area with over 139,000 people within a 3-mile radius
• Immediately off two high traffic thoroughfares North Avenue & Mannheim Road with traffic counts of 95,000 VPD
• High daytime population within the immediate area, close proximity to the area’s largest employers: Navistar, Dr. Pepper Snapple Group, DHL, Jewel-Osco Distribution
• Close proximity to numerous nationally recognized retailers including; TJMaxx, Tony’s Finer Foods, Burlington, Menards, Walmart, Sam’s Club, Home Depot, and more