Shops at Aptakisic Creek | Buffalo Grove, IL

For Sale

Shops at Aptakisic Creek | Buffalo Grove, IL

Asking Price: $5,070,000 | Cap Rate: 7%

• Net Operating Income: $355,089
• Weighted Avg. Lease Term (WALT): 4.84 Years
• Lease Type: Net

Property Highlights

• Stabilized Investment Opportunity; 100% leased shopping center anchored by a Starbucks drive-thru, which has been operating at this location since 2001
• Strong Historical Occupancy; 40% of the total GLA has been operating at this location for more than 6.5 years showing the tenants commitment to the site
• Property features a complimentary mix of national and regional tenants, most of which are resistant to competition from e-commerce
• Nearby industrial and office buildings contribute to a daytime influx of population with over 81,000 employees within 3-miles of the site