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Mannheim & Pratt Center 2811 Mannheim Rd 16,000 SF 100% Leased Retail Building Des Plaines, IL 60018 $10,000,000 ($625/SF) 6.52% Cap Rate
EXECUTIVE SUMMARY
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Mannheim & Pratt Center, a 100% leased brand new construction four-tenant building and freestanding Outback Steakhouse.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,000 SF
Building Class
B
Year Built
2023
Price
$10,000,000
Price Per SF
$625
Cap Rate
6.52%
NOI
$651,803
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
3.86 AC
Zoning
C-2 - General Business
Frontage
294’ on Mannheim
NEARBY MAJOR RETAILERS
Fifth Third Bank
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Mannheim & Pratt Center | 2811 Mannheim Rd
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