17852-17860 Halsted St - Retail FOR SALE


Homewood, IL 60430
$4,392,000 USD
847-651-3697
17852-17860 Halsted St, Homewood, IL for Sale
$4,392,000 USD
Retail - FOR SALE
1/6
null | 6.7% Cap Rate

17852-17860 Halsted St
Homewood, IL 60430


HIGHLIGHTS

  • Excellent Visibility in Expansive Trade Area Within a Strong Suburban Submarket
  • Phenomenal Investment Grade Tenant Line Up
  • Strong Operating History
  • Nearby Development - Hotel & Casino
  • Recent Leasing Momentum & Healthy WALT

OVERVIEW

Qualified investors are extended the opportunity to acquire the Shoppes at Washington Park Plaza (the Property), a 7,019 square foot, three-tenant unanchored strip building located in Homewood, IL. The Property is 100% occupied by Starbucks (drive-thru), AT&T and Five Guys offering a secure and steady cashflow. The building enjoys outstanding visibility with approximately 200 feet of frontage along S Halsted Street in addition to convenient accessibility and parking.  This well-positioned property, situated within Washington Park Plaza, the premier shopping destination in Homewood, boasts excellent visibility and benefits from the consistent customer flow generated by adjacent national retailers including Best Buy, TJ Maxx, Ross, and Old Navy. The high-quality tenant lineup and ample remaining lease term offer a secure and compelling investment opportunity.

FOR SALE DETAILS

PRICE

$4,392,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at Washington Park Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

B-4

APN/PARCEL ID

29-32-200-097-0000

ASK ABOUT THIS PROPERTY

Adam ForetCBREMore Info
847-651-3697

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

Adam ForetCBREMore Info
847-651-3697

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