Mannheim & Pratt Center | 2811 Mannheim Rd
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Mannheim & Pratt Center 2811 Mannheim Rd
17,000 SF 100% Leased Retail Building Des Plaines, IL 60018 $9,940,000 ($585/SF) 6.50% Cap Rate
Investment Highlights
- STRONG LINEUP OF REGIONAL AND NATIONAL RESTAURANT TENANTS
- MAJOR TRAFFIC DRIVERS
- EXCELLENT VISIBILITY
- DENSE & AFFLUENT DEMOGRAPHICS
- BRAND NEW CONSTRUCTION | 11.8 YEAR WALT
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Mannheim & Pratt Center, a 100% leased brand new construction four-tenant building and freestanding Outback Steakhouse.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,000 SF
Building Class
B
Year Built
2023
Price
$9,940,000
Price Per SF
$585
Cap Rate
6.50%
NOI
$646,121
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Land Acres
3.86 AC
Zoning
C-2 - General Business
Frontage
294 FT on Mannheim
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09-33-300-002-0000 | Improvements Assessment | $0 |
| Land Assessment | $7,700 | Total Assessment | $7,700 |
PROPERTY TAXES
Parcel Number
09-33-300-002-0000
Land Assessment
$7,700
Improvements Assessment
$0
Total Assessment
$7,700
-
Emily Gadomski -
Power Broker Joe Girardi -
Olivia Simmons -
Mid-America Real Estate Corp.
1 of 5
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Mannheim & Pratt Center | 2811 Mannheim Rd
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