Listed by Macadam Forbes, Edgemark Commercial Real Estate Services
$6,350,000
Georgetown Square
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 16,448
Units 7
Cap Rate 5.67%
NOI $359,980
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $386
Year Built 2007
Lot Size (SqFt) 96,958
Zoning B2 General Business District
Parking Spaces 101 spaces
Parking Per SqFt 6.14
Investment Type Stabilized
Ground Lease No
Retail | 5.67% CAP | 16,448 SqFt
Marketing description
Explore an exceptional investment opportunity in Schaumburg. This prime property boasts a well-maintained 16,448 SF building with 7 units, offering a strong foundation for retail and neighborhood center investors. Built in 2007 and zoned B2 General Business District, the property exudes modern appeal and versatility. With a coveted 100% occupancy rate, this investment promises immediate returns and long-term potential. Situated in the thriving Schaumburg area, this property capitalizes on a desirable location with high visibility and accessibility. Don't miss this chance to own a lucrative asset in a dynamic commercial hub.
Investment highlights
- Net Net Net Leases
- Stable long term tenancies
- Starbucks with drive Thru
- Mix of medical, food service, and fitness tenants
- Eye Boutique was recently acquired by Luxottica
- Easy access to I-90 and I-390
Listing Contacts
Listed by Macadam Forbes, Edgemark Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$359,980.00
$29,998.33/mo
Valuation Metrics
0
DSCR
5.67%
Cap Rate
5.67%
ROI
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