For Sale
Pita Pit | Machesney Park, IL
Asking Price: $460,000 | Cap Rate: 8.5%
- Net Operating Income: $39,270
- Weighted Avg. Lease Term (WALT): 9.5 Years
- Lease Type: Net
Property Highlights
- New redevelopment with a new 10-year lease
- High growth area with redevelopment occurring at the Machesney Town Center Mall
- 3, 5-year renewal options
- Proposed 6-acre $15M, 3-story assisted living community adjacent to the property