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