2823-2855 Dundee Rd - Storefront FOR SALE


Northbrook, IL 60062- Far North Suburban Cook
$3,100,000 USD
847-384-2840
2823-2855 Dundee Rd, Northbrook, IL for Sale
$3,100,000 USD
Storefront - FOR SALE
1/4
null | 8.23% Cap Rate

2823-2855 Dundee Rd
Northbrook, IL 60062
Far North Suburban Cook


OVERVIEW

Colliers is pleased to introduce this stabilized neighborhood strip center. Dunsten Plaza is a well-positioned retail strip center located at 2823–2855 Dundee Road in Northbrook, Illinois, within the affluent North Shore trade area. The center offers 18,782 SF of gross leasable area on a 1.67-acre site, with a parking ratio of 4.42 spaces per 1,000 SF. The original building was built in 1965. In 1989 the building was expanded and renovated. The property features high visibility along Dundee Road, which sees approximately 32,900 vehicles per day, and benefits from proximity to dense residential neighborhoods and office parks. Current tenants include a mix of national and local operators such as Subway, Rosati’s Pizza, Batteries Plus, L.A. Tan, and specialty service businesses, creating a stable and diversified income stream.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

8.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunsten Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

-

APN/PARCEL ID

04-08-201-038-0000

ASK ABOUT THIS PROPERTY

Peter BlockColliersMore Info
847-384-2840

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Peter BlockColliersMore Info
847-384-2840

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