Portfolio of 2 Retail Properties for Sale Offered at $1,080,678 in Round Lake, IL
EXECUTIVE SUMMARY
CBRE is pleased to offer, as the exclusive advisor, Rollins Plaza, a 145,930 square-foot grocery-anchored retail shopping center in the northwest Chicago suburb of Round Lake Beach, Illinois. Rollins Plaza is co-anchored by Jewel-Osco, Illinois’ leading grocery chain, and Hobby Lobby, one of the largest private companies in the country. Jewel-Osco has occupied the Property since 1980 and recently executed a 5-year lease extension demonstrating its continued commitment to the location. Rollins Plaza is centrally positioned in the surrounding Round Lake Beach retail and directly adjacent to the intersection of E Rollins Rd and US Route 83 (N Barron Blvd), which averages a robust 39,500 vehicles per day.
PROPERTY FACTS
| Price | $1,080,678 |
| Price / SF | $7.41 / SF |
| Cap Rate | 4.58% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 145,930 SF |
| Total Land Area | 20.54 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 900 E Rollins Rd, Round Lake, IL 60073 | Retail | 58,387 SF | - | - |
| 818-840 E Rollins Rd, Round Lake, IL 60073 | Retail | 87,543 SF | 1990 | - |
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