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1602-1612 36th St
Peru, IL 61354
100% Occupied Shopping Center · Retail Property For Sale
Investment Highlights
- 100% Occupied Asset with Best-in-Class National Tenant Mix
- Recent Leasing Momentum with National Credit Tenants
- Priced Below Replacement Cost
- Large 10.81-Acre Parcel | Recent Roof Replacement
- Prime High-Traffic Retail Corridor Along State Hwy 251 (15,500+ VPD)
- Expanded Trade Area | Regional Connectivity Within the Chicago Market
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
106,649 SF
Building Class
C
Year Built
1971
Price
$7,283,000
Price Per SF
$68.29
Cap Rate
7.50%
NOI
$546,222
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
10.81 AC
Parking
260 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
1,197’ on 36th St
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 17-08-205001 | Improvements Assessment | $587,144 |
| Land Assessment | $900,833 | Total Assessment | $1,487,977 |
Property Taxes
Parcel Number
17-08-205001
Land Assessment
$900,833
Improvements Assessment
$587,144
Total Assessment
$1,487,977
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