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CRESTWOOD CENTER | 8.75% Cap | 100% Leased 13805-13811 Cicero Ave

13,325 SF 100% Leased Retail Building Crestwood, IL 60445 $2,400,000 ($180/SF) 8.75% Cap Rate

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Investment Highlights

13,325 SF 100% Fully Leased Multi-Tenant Retail Center w/ Freestanding QSR Investment Opportunity
Robust Traffic Counts | 40,200+ VPD | Exceptional Location Offers Outstanding Frontage & Visibility on Heavily Traveled Main Retail Thoroughfare
Extensive Capital Improvements Done to The Property Over the Past Few Years: New Façade Added to Retail Center & New Parking Lot

Strategically Situated in Heart of Busy Downtown Crestwood Densely Populated Dynamic Retail Commercial Corridor & Easily Accessible
Long-Term Established Tenants in Place | E-Commerce Resistant Tenant Mix
Priced Below Replacement Cost @ $180.11 PSF w/ a 8.75% Cap Rate

Executive Summary

CRESTWOOD CENTER | 8.75% Cap | 100% Fully Leased | Crestwood (Chicago MSA)
• 13,325 SF 100% Fully Leased Multi-Tenant Retail Center w/ Freestanding QSR Investment Opportunity
• Positioned On Hard Corner of 138th St & Cicero Ave
• Outstanding Frontage, High Visibility, & Easy Access Site
• Situated on a Heavily Traveled Primary Retail Commercial Corridor Cicero Ave
• Robust Traffic Counts | 40,200+ VPD
• Long-Term Established Tenants in Place | E-Commerce Resistant Tenant Mix
• Extensive Capital Improvements Done to The Property Over the Past Few Years: New Façade Added to Retail Center & New Parking Lot
• Abundant Parking - Front, Side & Rear of Center
• Pace Bus Stop Located in Front of Retail Center
• Ideally Located in Densely Traveled Retail Thoroughfare Corridor Surrounded Near Numerous National & Regional Retailers
• Nearby Huge Traffic Generators: Menards, Walmart, McDonald's, Kohl’s, Target, Menards, Starbucks, Portillo’s, Raising Cane's, AMC Theaters, Aldi to Name a Few
• Densely Populated Area | 261,362 People Within a 5-Mile Radius of Property w/ an Average Annual Household Income in Excess of $119,374
• Within Proximity to I-294 Interchange (104,700 VPD) & I-57 Interchange (111,400 VPD)
• Priced Below Replacement Cost @ $180.11 PSF
• Priced at a True 8.75% Cap Rate