2 results
10050-10160 W 191st
Mokena, IL 60448
  • Asking Price: $8,075,000
  • Cap Rate: 9.06%
  • Property Type: Retail
  • Status: Available
PROPERTY DETAILS:

Investment Highlights • ±44,792 SF of gross leasable area • ±191,700 SF (4.40 acres) of total land • Ample and easy surface parking in front and behind of center – 242 parking spaces • Built in 2005, masonry construction • Multi-tenant property provides a diverse rent roll • Aesthetically attractive property with varying facade heights and angles • 92% occupied with a variety of tenants; medical, restaurants and personal services • Many tenants have been at The Promenade for over five years • Value-add component by leasing vacant suite – 3,500 SF

Esplanade at Arlington Heights Logo Image
2920-3020 W. Euclid
Arlington Heights, IL 60005
  • Asking Price: $5,400,000
  • Cap Rate: 7.85%
  • Property Type: Retail
  • Status: Available
PROPERTY DETAILS:

Investment Highlights • Located adjacent to Arlington International Racecourse and new $350 million mixed-use Arlington Downs development • Signalized entrance to the property and Arlington Office Park on Euclid Avenue and Salt Creek Lane offers superior vehicular access • Tremendous visibility with ±23,000 VPD along Euclid Avenue • ±18,419 square feet of rentable building area on ±158,462 square feet (3.6 acres) of land • ±116 parking spaces • Scheduled rental increases provide investors with a hedge against inflation and significant asset appreciation • Starbucks (NASDAQ: SBUX, S&P A-) has four, five year options featuring 10% rent increases each term • Subway exercised their first option and has two, five year options remaining with 2% annual increases • Proximity to Highway IL-53 (141,200 VPD) which is a major highway running north / south connecting all of the northwest and southwest suburbs of Chicago