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14800 S Pulaski Rd
Midlothian, IL 60445
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel
- Lease Structure: More than 3 years remaining on a double net lease with minimal landlord responsibilities
- Target Market: 86,300 residents within 5 miles with average household incomes in excess of $70,000
- Historical Occupancy: Over 10 years of historical occupancy and recently extended for an additional 5 years
- Built-in Rental Growth: Scheduled rental increases in each of the two remaining 5-year renewal options
- Excellent Connectivity: Just 1.5 miles from an I-294 exit, 20 miles from downtown Chicago, and 12 miles from Chicago Midway International Airport
EXECUTIVE SUMMARY
10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel. More than 3 years remaining on a double net lease with minimal landlord responsibilities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,800 SF
Building Class
B
Year Built
1952
Price
$995,000
Price Per SF
$92.13
Cap Rate
8.63%
NOI
$85,869
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.52 AC
Zoning
B-2 - Commercial
Parking
44 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 28-10-409-025-0000 | Improvements Assessment | $111,538 |
| Land Assessment | $61,714 | Total Assessment | $173,252 |
PROPERTY TAXES
Parcel Number
28-10-409-025-0000
Land Assessment
$61,714
Improvements Assessment
$111,538
Total Assessment
$173,252
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