Catylist ID: #30366039
Lou Malnati’s Anchored Retail Center Jewel Outlot | 7.73% Cap
Shopping Center for SaleAlso listed as Retail-Commercial
|Catylist Listing ID:||30366039|
|Property Subtypes:||Neighborhood Center, Net Leased, Outlet Center, Strip Center|
|Building Size (RSF):||5,549 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.69 Acres|
|Unit Price:||$310.87 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||100|
Overview / Comments
* 100% Fully Leased Retail Center.
* Rental Increases in all NNN Leases.
* Outstanding Frontage, Visibility, & Accessibility.
* Property is an Outlot to Jewel-Osco.
* 100% of Tenancy is E-Commerce Resistant.
* Situated in a Heavily Traveled Dynamic Major Retail Corridor w/ Exceptional Visibility to 38,800+ VPD.
* Close Proximity to Palos Community Hospital, Palos Park Metra Station, Trinity Christian College & I-294.
* Monumental Street Signage.
* Ample Residential Rooftops Surround the Site.
* Over 244,690 People Living Within 5 Mile Radius.
* Average Annual Household Income in Excess of $86,494 within 5 Mile Radius.
* Priced at 7.73% Cap Rate!!!
Attachments & Media
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Recreation, Other|
|Property Located Between:||127th St & 131st St|
|Largest Nearby Street:||Harlem Ave|
|Feet of Frontage:||151|
|Proximity:||1 mile||3 miles||5 miles|
George Spirrison, CCIMAdelphia Properties
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