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Fully Leased Strip Center Opportunity for Sale in the Chicagoland Market. Priced to Sell @ 10.10% Cap Rate!!!

1012-1040 E Steger Road, Crete, IL, 60417, USA

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FOR SALE
Property Type:
Neighborhood Center
Amount:
$1,000,000
Cap Rate:
10.00%
Last Verified:
Jun 07, 2012

Comments/Additional Features

Fully Leased Strip Center Opportunity for Sale in the Chicagoland Market. Priced to Sell!!! Property Highlights: • 10,200 SF Fully Leased Neighborhood Strip Center Priced Below Replacement Cost. • Excellent Opportunity for an Investor to Acquire a Stable Investment Property. • Excellent Corporate Leases & Strong Tenant Mixture in Place such as: Subway, Advocate Health Care, and a Dentist to name a Few. • Established Tenants in Place. • All Leases are NNN. • Very Little Management Responsibility. • Location, Location, Location!!! • Positioned in a Dense Neighborhood and Benefits from High Vehicular and Pedestrian Traffic. • The Site has Outstanding Frontage & Visibility. • Lots of Residential Rooftops Surround the Site. • Excellent Dynamic Trade Area within the Town. • Located Nearby Nationals such as: McDonalds, Dairy Queen, & Kohl’s to name a Few. • Conveniently Situated in Growing Upper Middle Class Income Community with Strong Demographics. • Dynamic Growth Area. • Ample Parking. • Complete New Roof. • Low Will County Taxes!!! • Priced to Sell at a True 10.10% Cap Rate!!! Price: $ 1,295,000 For more detailed information, please contact Exclusive Listing Broker. Best Regards, SimeonSpirrison, CCIM Adelphia Properties Office: (630) 455-4495 simeon@adelphiaproperties.com

Map of 1012-1040 E Steger Road, Crete, IL, 60417, USA

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