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