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850 - 880 Tower Drive, Lake Villa, IL

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850 - 880 Tower Drive

Lake Villa, IL 60046 - Central Northwest Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:2006
Building Size:18,800 SF Land Area:1.75 AC (76,191 SF)
For Sale Price:$3,000,000 Price/SF:$159.57
Cap Rate:8.08 %

Sale Notes:
Newer construction (2006) multi-tenant retail center for sale in Lake Villa. The center is currently 100% leased to a strong mix of tenants including Snap Fitness, HomeState Bank, Top Driver, and Lakehouse Restaurant, among others. The center is extremely well maintained and features two dual sided monument signs along both Grass Lake Road and Deep Lake Road, providing visibility to approximately 16,000 vehicles per day.

The center benefits from the lack of competing neighborhood retail centers nearby and it's convenient location kitty corner from Lakes Community High School, with an enrollment of 1,487 students.

Frontline Real Estate Partners
Joshua E Joseph
(847) 770-6262

Zack Pearlstein
(847) 275-6106

Andrew Rubin
(224) 628-4005

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