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For Sale

River Place Shopping Center | Lansing, IL

Asking Price: $4,140,000 | Cap Rate: 9.25%

  • Net Operating Income: $383,294
  • Weighted Avg. Lease Term (WALT): 4.16 Years
  • Lease Type: Net

Property Highlights

  • Leased to a strong mix of national and local tenants; most of which are resistant from e-commerce
  • Excellent demographics, located within a densely populated area, over 100,000 people within 3-mile radius
  • Situated along the highly trafficked Torrence Ave. with great visibility and over 29,000 VPD
  • Recent capital improvements to center including redeveloped outlot for new Subway and Dunkin' Donuts