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100% NET LEASED RETAIL INVESTMENT (CHICAGO MSA)
5321 S. LaGrange Road, Countryside, IL
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Investment Highlights
• 100% Net Leased Retail Center - All National Tenants
• Ideal West Suburban Chicago Location
• 5,000 SF GLA
• Hard to Duplicate In-Fill Location
• Lighted Hard Corner/Dynamic Retail Trade Area
• Long Term Leases
• NOI: $121,600 CAP: 6%
• PRICE: $2,027,000
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SREC is pleased to offer this 100% Net Leased Retail Investment opportunity for sale. The property is ideally located in the mature west suburbs of Chicago approximately 15 miles west of downtown Chicago. The property is surrounded by a robust retail trade area and very strong demographics - 274,000 Population and $92,000 Income (5-mile radius). The property is 100% leased to long term national tenants and is situated on a hard corner/lighted intersection. Tenant leases are up to 10 years plus options. Tenants report among their highest sales at this location for the entire Chicago MSA. Tenants include Jimmy John's, Sarpinos Pizza and Dotty's. This property offers a solid quality investment opportunity which is rare in this price range.
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