The Shops at Dunton | Arlington Heights, IL
For Sale
The Shops at Dunton | Arlington Heights, IL
Asking Price: $2,680,000
| Cap Rate: 6.85%
- Net Operating Income: $183,890
- Weighted Avg. Lease Term (WALT): 4.1 Years
- Lease Type: Net
Property Highlights
- 100% leased first floor multi-tenant retail opportunity with all tenants signed to landlord favorable net-leases with a WALT greater than 4+ years
- Arlington Heights is an affluent northwest suburb of Chicago, offering a strong demographic profile with over 115,755 residents and an average household income over $ $143,500 within a 3-mile radius of the property
- The property features a complementary mix of food-service users and traditional retailers, all benefiting from limited competition within the market and diversifying the property’s income across multiple business types
- The asset is strategically positioned in the heart of downtown Arlington Heights, benefiting from an established and highly desirable suburban Chicago market