For Sale

Pinewood Crossings | Gurnee, IL

Asking Price: $6,110,000 | Cap Rate: 7.85%

  • Net Operating Income: $479,744
  • Weighted Avg. Lease Term (WALT): 3.84 Years
  • Lease Type: Net

Property Highlights

  • Golden Corral has been at this location for over 15 years and recently exercised a 5-year option; showing a commitment to the site
  • Strong tenant mix of regional and local tenants; all of which are e-commerce resistant
  • Positioned between Gurnee Mills Mall, Six Flags Great America and Great Wolf Lodge; three of the most popular tourist attractions throughout the Midwest
  • Located in an excellent retail corridor with over 16 million SF of retail space; nearby national retailers include Starbucks, KFC, Culver’s, Dunkin, Pizza Hut, Burger King, and more