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