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Bradley Commons Outlot 2024 N State Route 50 10,301 SF 100% Leased Retail Building Bourbonnais, IL 60914 $4,730,000 ($459.18/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- CONVENIENCE & SERVICE TENANCY WITH STRONG SALES
- LONG TERM TENANT COMMITMENT | 6 YEAR WALT
- CONVENIENT TRANSPORT LINKS AND ACCESS
- BEST IN CLASS SHADOW ANCHORS
- AFFLUENT DEMOGRAPHIC PROFILE
- KANKAKEE COUNTY PROPERTY TAXES
EXECUTIVE SUMMARY
Mid-America Real Estate Corporation, has been exclusively retained by the owner to sell the 100% fee simple interest in Bradley Commons Outlot. The subject offering presents investors the opportunity to acquire a 100% occupied multitenant outlot positioned amongst the trade area’s highest performing national retailers and restaurants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,301 SF
Building Class
B
Year Built
2008
Price
$4,730,000
Price Per SF
$459.18
Cap Rate
6.75%
NOI
$319,275
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.99 AC
Zoning
B-3 - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-09-09-107-003 | Improvements Assessment | $248,392 |
| Land Assessment | $202,596 | Total Assessment | $450,988 |
PROPERTY TAXES
Parcel Number
17-09-09-107-003
Land Assessment
$202,596
Improvements Assessment
$248,392
Total Assessment
$450,988
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Bradley Commons Outlot | 2024 N State Route 50
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