800 Theodore - Convenience Store FOR SALE


Crest Hill, IL 60403
$2,032,000 USD
815-573-2396
800 Theodore, Crest Hill, IL for Sale
$2,032,000 USD
Convenience Store - FOR SALE
1/16
null | 8.5% Cap Rate

800 Theodore
Crest Hill, IL 60403


HIGHLIGHTS

  • High Traffic Count
  • Long lease terms
  • Potential Value ad with rental increases

OVERVIEW

This offering presents a fully occupied ±15,000 square foot multi-tenant retail strip center located at the intersections of Theodore Street, Prairie Avenue, and Raynor Avenue in Crest Hill, Illinois. There are two parcels, totaling +/- 1 Acre and features strong, local (Amazon proof) tenants, long-term leases with annual increases, and immediate in-place cash flow, making it an attractive investment opportunity. This Deal is being offered at an aggressive 8.5% capitalization rate. All lease terms and financials available upon NDA execution.

FOR SALE DETAILS

PRICE

$2,032,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Theodore Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B - 1

APN/PARCEL ID

11-04-32-421-029,11-04-32-421-032

ASK ABOUT THIS PROPERTY

Garrett HarrisHarris Investments LLCMore Info
815-573-2396

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Garrett HarrisHarris Investments LLCMore Info
815-573-2396

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