For Sale

Multi-Tenant Retail | Elgin, IL

Asking Price: $3,000,000 | Cap Rate: 7.25%

  • Net Operating Income: $217,223
  • Weighted Avg. Lease Term (WALT): 4.98 Years
  • Lease Type: Net

Property Highlights

  • 100% Leased; Stabilized investment opportunity
  • Complimentary mix of national and local retailers all signed to landlord favorable, low rent, net leases
  • Asset lies in a densely populated area, with over 74,419 residents within 3-miles of the asset
  • Average household income of more than $122,500 within a 3-mile radius of the property