14800 S Pulaski Rd - Storefront FOR SALE


Midlothian, IL 60445
$995,000 USD
513-325-8682
14800 S Pulaski Rd, Midlothian, IL for Sale
$995,000 USD
Storefront - FOR SALE
1/7
null | 8.63% Cap Rate

14800 S Pulaski Rd
Midlothian, IL 60445


HIGHLIGHTS

  • 10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel
  • Historical Occupancy: Over 10 years of historical occupancy and recently extended for an additional 5 years
  • Lease Structure: More than 3 years remaining on a double net lease with minimal landlord responsibilities
  • Built-in Rental Growth: Scheduled rental increases in each of the two remaining 5-year renewal options
  • Target Market: 86,300 residents within 5 miles with average household incomes in excess of $70,000
  • Excellent Connectivity: Just 1.5 miles from an I-294 exit, 20 miles from downtown Chicago, and 12 miles from Chicago Midway International Airport

OVERVIEW

10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel. More than 3 years remaining on a double net lease with minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

8.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

B-2

APN/PARCEL ID

28-10-409-025-0000

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-325-8682

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Darpan PatelMarcus & MillichapMore Info
513-325-8682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.