355-399 S Prospect Ave - Storefront FOR SALE
Bartlett, IL 60103 |
355-399 S Prospect Ave
Bartlett, IL 60103
HIGHLIGHTS
- 7-11 has been at this site since 1997, proving high performance and long-term commitment, and elected to extend a five-year option early through 2028.
- There are over 104,000 people within a three-mile radius that combine for an average household income of nearly $101,000.
- This property is in the heart of the Chicagoland metropolitan statistical area, the third-largest in the United States.
- Free and clear of any existing financing, a new investor can take advantage of historically-low interest rates.
- The center is anchored by the world's largest convenience store chain and went through extensive renovations and façade work over the past year.
- With ample availability in the capital markets, there is the opportunity to significantly enhance returns through aggressive capitalization structures
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Devon Prospect Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
20500
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
135
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
06-35-400-024-0000
