Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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Key facts

Building Area

Property description

JLL is pleased to offer for sale the fee-simple interest in a freestanding, multi-tenant retail asset (the “Property” or “Asset”) featuring brand new 2021 construction located in Cicero, Illinois. The Asset’s tenant lineup consists of four internet and e-commerce resistant retailers with Verizon Wireless, Jimmy John’s, Tropical Smoothie Café and Midwest Express Clinic. Strategically located in an outparcel to a Walmart Supercenter and down the street from the Home Depot and Target, this Asset features real estate of long-term value with a consistently growing cash flow. All four Tenants are operating on double-net leases, with limited Landlord responsibilities.

Investment highlights

  • Outparcel to Walmart Supercenter
  • E-Commerce resistant + high-growth oriented tenancy
  • Brand new urban infill 2021 construction
  • Close proximity to interstate-55 (188,000 VPD)
Last Updated Date: 24 Jun 2021
Alex Sharrin
Alex Sharrin
Managing Director, Capital Markets
Broker Licenses
IL - 475.170243
Alex Geanakos
Alex Geanakos
Director, Capital Markets
Broker Licenses
475.189621

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Last Updated Date: 24 Jun 2021

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