River Place Shopping Center | Lansing, IL
For Sale
River Place Shopping Center | Lansing, IL
Asking Price: $1,900,000
| Cap Rate: 7.5%
- Net Operating Income: $142,738
- Weighted Avg. Lease Term (WALT): 5.1 Years
- Lease Type: Net
Property Highlights
- Redeveloped outlot building for new Subway and Dunkin’ Donuts
- 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
- Numerous capital improvements to property