$7,900,000 USD
630-461-5887
HIGHLIGHTS
- 100% Occupied by Six Tenants on a Mix of Net and Gross Leases
- Recent CapEx: Roof Replaced in Fall 2025 with 15 Year Warranty and Parking Lot Sealed and Striped in Spring 2025
- Anchored by Ollie’s Bargain Outlet (31.5%) with New Eight-Year Lease
- Potential to Develop an Outlot up to 2,000 SF in the SE Corner of the Parking Lot
- Dense Demographics - Over 280,000 Residents Within Five Miles with Average Household Income of $92,132
FOR SALE DETAILS
PRICE
$7,900,000 USD
PRICE/SF
$85 USD /SF
CAP RATE
8.32%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Miracle Mile Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
375
LAND DETAILS
LAND ACRES
6 AC
LAND SF
261,360 SF
ZONING
LB1
APN/PARCEL ID
53000-668-0060-110,668-0060-110,668-0060-110-0
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630-461-5887
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630-461-5887
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