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The Grand Plaza 2232-2246 Grand Ave 10,969 SF 100% Leased Retail Building Lindenhurst, IL 60046 $1,995,000 ($181.88/SF) 6.78% Cap Rate
INVESTMENT HIGHLIGHTS
- All brick facade
EXECUTIVE SUMMARY
100% Occupied Center built in 1987 - Good Tenant Mix including Two National Franchise Tenants. High Traffic Count Location with approx. 180 frontage footage on Illinois State Route 132 and Sand Lake Road. Lighted Intersection between McDonalds and Mobile Station. 34 parking spaces in Front Lot and Large Back Parking lot off of Sand Lake Road
( approx 280 fee of frontage ) with large parking lot with Ample Parking and EZ delivery. Value added Improvements include parking lots, marquee sign, Roofs and tenant added improvements. Income/Expenses are accurate.
( approx 280 fee of frontage ) with large parking lot with Ample Parking and EZ delivery. Value added Improvements include parking lots, marquee sign, Roofs and tenant added improvements. Income/Expenses are accurate.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,969 SF
Building Class
C
Year Built
1985
Price
$1,995,000
Price Per SF
$181.88
Cap Rate
6.78%
NOI
$135,261
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.34 AC
Zoning
I, Lindenhurst
Parking
56 Spaces (5.11 Spaces per 1,000 SF Leased)
Frontage
180’ on Grand
AMENITIES
- Signage
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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Presented by
Carr Realty Inc
The Grand Plaza | 2232-2246 Grand Ave
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