1505 N Mannheim Rd - Freestanding FOR SALE


Stone Park, IL 60165
$5,470,000 USD
630-261-6962
1505 N Mannheim Rd, Stone Park, IL for Sale
$5,470,000 USD
Freestanding - FOR SALE
1/10
null | 7% Cap Rate

1505 N Mannheim Rd
Stone Park, IL 60165


HIGHLIGHTS

  • Fully leased neighborhood retail center with a diverse mix of food-and-beverage, office, and residential tenancy.
  • Positioned along Mannheim Road with direct exposure to one of the western Chicago area's major commercial corridors.
  • Located in Stone Park, a densely populated suburb with convenient access to surrounding Chicago-area communities.
  • Multi-tenant asset offering established occupancy and a broad tenant mix within a single property.
  • Street-retail setting surrounded by complementary commercial uses that support daily consumer traffic.
  • Fee simple ownership opportunity with in-place tenancy and neighborhood retail fundamentals.

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Mannheim Plaza, a 100% leased unanchored neighborhood shopping center featuring a mix of food and beverage tenants, long-term office tenant, and apartment unit in the dense and affluent Chicago suburb of Stone Park. Subject Offering can be purchased as two separate investment opportunities consisting of 1501-1505 N Mannheim Road and 1511 N Mannheim Road, respectively. Subject Offering is also available as part of a portfolio with New Town Plaza (1559 N Mannheim Road, Stone Park, IL 60165). Contact Marketing Team for details.

FOR SALE DETAILS

PRICE

$5,470,000 USD

PRICE/SF

$777 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mannheim Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,614 SF

ZONING

-

APN/PARCEL ID

15-04-300-029-0000

ASK ABOUT THIS PROPERTY

Emily GadomskiMid-America Real Estate Corp.More Info
630-261-6962

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Emily GadomskiMid-America Real Estate Corp.More Info
630-261-6962

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