Multi-Tenant Retail | Stone Park, IL
For Sale
Multi-Tenant Retail | Stone Park, IL
Asking Price: $5,680,000
| Cap Rate: 8.3%
- Net Operating Income: $471,496
- Weighted Avg. Lease Term (WALT): 3.9 Years
- Lease Type: Net
Property Highlights
- Fully leased to e-commerce resistant tenancy
- Extremely high traffic counts, over 52,000 VPD on North Ave
- Situated in Stone Park’s major retail corridor, across the street from Menards with other area tenants including Food 4 Less, Starbucks, Aarons, Pep Boys, and more
- High barrier to entry in dense urban area with over 150,000 people within a 3-mile radius
