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