255-295 Parkway Dr - Storefront FOR SALE
Lincolnshire, IL 60069 |
255-295 Parkway Dr
Lincolnshire, IL 60069
HIGHLIGHTS
- At the existing occupancy rate of 32.88%, the center produces a NOI of approx. $323,326 with value-add potential
- New development directly adjacent to the Property to the west including 444 Social, a luxurious high-end apartment complex with over 300 units
- Eight (8) of the 10 tenants are on NNN terms
- Advanced Dermatology, the centers largest tenant, has lease term through February 2028
- Visibility and exposure to over 51,000 VPD
- Less than three (3) miles west of the Tri-State Tollway
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CityPark at Lincolnshire
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Freestanding, Restaurant, Medical
TOTAL BUILDING SIZE
78286
STORIES
3
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
338
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
15-27-211-009,15-27-211-010,15-27-211-011,15-27-211-012
