Catylist ID: #30366037
ELK TRAIL CENTER | 9.5% Cap Rate
Shopping Center for SaleAlso listed as Retail-Commercial, Office
|Catylist Listing ID:||30366037|
|Property Subtypes:||Neighborhood Center, Net Leased, Strip Center, Other|
|Building Size (RSF):||16,299 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||1.93 Acres|
|Unit Price:||$102.77 PSF|
|Property Use Type:||Investment|
|Building Name:||ELK TRAIL CENTER|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||92|
Overview / Comments
* 92% Leased Neighborhood Retail Center.
* Value-Add Opportunity!!!
* Internet Proof Tenant Line-Up.
* Outstanding Frontage, Visibility, & Accessibility.
* Close Proximity to Glenbard North High School, Western Trails Elementary School, Stratford Square Mall, Ample Restaurants & Entertainment Venues.
* Site is Located on Busy Pace Bus Route.
* Retail Center within Walking Distance from Carol Stream's Largest Community Park.
* Monumental Street Signage.
* Ample Residential Rooftops Surround the Site.
* Over 254,400 People Living Within 5 Mile Radius.
* Average Annual Household Income in Excess of $107,062 within 5 Mile Radius.
* Situated in Favorable DuPage County.
* Well-Below Replacement Cost.
* Priced at 9.5% Cap Rate!!!
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Other|
|Feet of Frontage:||461|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
George Spirrison, CCIMAdelphia Properties
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