Sold Under Construction 100% LEASED in Carpentersville

Overview

  • Investment Sold
  • 125 South Western Avenue, Carpentersville, IL 60110.
  • Price: $1,885,000
  • 5,500 sq. ft.

Highlights

  • 10 year signed leases
  • American Mattress and Jersey Mike's
  • Heavy Traffic Counts
  • Outparcel of Spring Hill Mall

American Mattress and Jersey Mikes have signed ten-year leases featuring 10% increases every 5 years. Each tenant has (2) 5-year renewal options. Ideal location for this new construction 2 tenant shopping center in front of 120 store Spring Hill Mall which is currently undergoing a $40 million renovation including a 37,000 SF Cinemark movie theatre, restaurants and additional shops.   In addition to the traffic from Spring Hill Mall, this property benefits 30,700 vehicles passing on Western Ave./ Route 31 daily. Broker has interest.

 

Photos

Swipe left / right to view more photos

Map