Fully-Leased Prime Investment Property
247 Brook Forest Avenue
Shorewood, IL 60404
FOR SALE
Property Type:
Free Standing BuildingAmount:
$1,300,000
Last Verified:
Oct 19, 2024Daily Email Blast
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Highlights
- Excellent passive investment opportunity with long-term tenant in place
- 7-year term with multiple 5-year options, and 10% increases every 5 years
- Freestanding building in Jewel-Osco anchored shopping center
- Five curb cuts with access from Brook Forest Ave and Jefferson St
- High visibility from major thoroughfare
Description
Single tenant net lease investment opportunity, offered at a 9.23% Cap Rate. Guiding Light Academy opened in June of 2014.
Located just 6 miles west of downtown Joliet, IL in strong trade area near national tenants, health systems, and highways.
Year Built: 2006
Building Size: 8663sq ft
Lot Size: 1.04 acres
