Shoppes at Geneva Commons | Geneva, IL
For Sale
Shoppes at Geneva Commons | Geneva, IL
Asking Price: $11,470,000
| Cap Rate: 6.4%
- Net Operating Income: $734,108
- Weighted Avg. Lease Term (WALT): 4.7 Years
- Lease Type: Net
Property Highlights
- 100% Leased outlot to Geneva Commons, the premier shopping center for the regional area
- Strong leasing momentum; Three 10-year leases recently signed by national brands
- 77% of tenants occupying the strip center are national tenants
- Located along Randall Rd. with over 31,000 VPD and off of Lincoln Hwy. which sees 16,708 VPD