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