11.00% CAP 100% Leased Chicagoland Shopping Center

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11.00% CAP 100% Leased Chicagoland Shopping Center

Real Estate Broker · Orange County, CA · Member since 2014 · 17 posts · 0 votes

I'm working with a property owner who has a 25,000 sq ft shopping center off a busy road in the South Chicagoland suburbs that sees just shy of 40,000 vehicles per day. Some rents are under market and are fully gross leases, which could be replaced to create more value-add. 

Owner is asking $2,400,000 based on an NOI of $263,399 and delivers an impressive 11.00% CAP Rate. 

Reach out to me directly to learn more about tenancy, location and how you could own a Chicagoland retail asset with double digit returns!

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