Old Time Pottery | West Chicago, IL
For Sale
Old Time Pottery | West Chicago, IL
Asking Price: $4,290,000
| Cap Rate: 7.75%
- Net Operating Income: $332,652
- Weighted Avg. Lease Term (WALT): 2.8 Years
- Lease Type: Net
Property Highlights
- Short term lease with no remaining options providing an opportunity to release or redevelop the asset within the next 3 years
- The asset is situated within Mosaic Crossing, located at the intersection of North Ave. and Neltnor Blvd. which has a combined traffic count of 70,470 VPD
- Asset is located within a dense and affluent area with over 140,166 residents and an average household income of $146,200 within a 5-mile radius of the site
- Multiple points of Ingress/Egress from North Avenue and Neltnor Blvd. providing excellent visibility along both thoroughfares in addition to pylon signage