Multi-Tenant Shopping Center | Oak Lawn, IL
For Sale
Multi-Tenant Shopping Center | Oak Lawn, IL
Asking Price: $830,000
| Cap Rate: 8.75%
- Net Operating Income: $72,439
- Weighted Avg. Lease Term (WALT): 2.54 Years
Property Highlights
- 100% leased to tenants that have occupied their premises on a long-term basis
- Excellent location with ample parking, located one block south of the robust 95th Street retail corridor
- Placed in a high traffic corridor of Oak Lawn with great visibility along Southwest Highway, which sees approximately 24,900 VPD
- Surrounded by national retailers: Westfield at Chicago Ridge Mall, Dick’s Sporting Goods, Kohl’s, AMC, CarMax, Home Depot, McDonald’s, Red Lobster, Taco Bell, Aldi, Bed Bath & Beyond, T-Mobile, and Walgreens