1455 N Dilleys Rd - Freestanding FOR SALE


Gurnee, IL 60031
$5,200,000 USD
773-279-5390
1455 N Dilleys Rd, Gurnee, IL for Sale
$5,200,000 USD
Freestanding - FOR SALE
1/6
null | 7.41% Cap Rate

1455 N Dilleys Rd
Gurnee, IL 60031


HIGHLIGHTS

  • VALUE-ADD OPPORTUNITY: The center is 87% occupied with 3,550 SF of contiguous space available for lease, providing tremendous upside for an investor
  • MEDICAL-BASED TENANT MIX: The property features a dynamic tenant line-up with a 15-year average occupancy at the center
  • ABSOLUTE NNN FREESTANDING ANCHOR TENANT: The property includes a freestanding, and separately parceled Golden Coral, on an Absolute NNN lease
  • STRONG RENT INCREASES: The subject property is centrally located, situated between the Gurnee Mills Mall, Six Flags Great America, and the Great Wolf
  • MAJOR TOURIST ATTRACTION DRAW: Strong tenant mix of both regional and local tenants that are all e-commerce resistant, including an orthodontist

OVERVIEW

Broker of Record Matthew M. Fitzgerald License No. 478027547 (IL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pinewood Crossings

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,938 SF

ZONING

C-2

APN/PARCEL ID

07-15-100-124

ASK ABOUT THIS PROPERTY

Patrick ForkinMatthews Real Estate Investment ServicesMore Info
773-279-5390

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Patrick ForkinMatthews Real Estate Investment ServicesMore Info
773-279-5390

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