Multi-Tenant Retail | Chicago, IL
For Sale
Multi-Tenant Retail | Chicago, IL
Asking Price: $3,140,000
| Cap Rate: 8.15%
- Net Operating Income: $255,116
- Weighted Avg. Lease Term (WALT): 3.7 Years
- Lease Type: Net
Property Highlights
- 100% Leased; Strong national and regional tenant mix including: Dollar Tree, Beggars Pizza, Boost Mobile, Cricket Wireless and more
- E-Commerce Resistant Tenancy as most tenancy is service or convenience-based retailers
- High barrier to entry in dense urban area with over 28,000 people within a 1-mile radius
- Excellent visibility with over 60,000 VPD along Cicero Avenue, one of the busiest thoroughfares in Chicago
