Fully Occupied Retail Center

Transcription

1 ` PROPERTY OVERVIEW Fully Occupied 6,400 SF 4-unit retail strip center located in Glendale Heights Illinois. Prominent Retail Location on heavily trafficked North Ave corridor between Bloomingdale Rd and Glenn Ellyn Rd with an average daily traffic counts of over 64,000 cars minutes from I- 355 NS toll way. Strong demographics with over 100,000 within 3- miles and Median Household Income of $71,971 30% greater than the national average. The center offers a complimentary tenant mix of a long established Miska's Corner Store, Salon, Laundromat and Pita & Kabobz restaurant. DETAILS TYPE: Retail SF: 6,400 BUILT/RENO: 1988 ACRES: 0.70 ZONING: B-2 OCCUPANCY: 100% NOI: $70,693 (Actual) Cap Rate: 7.9% PRICE: $899,000 FOR MORE DETAILS CONTACT: Randy Taylor rtaylor@creconsult.net Coldwell Banker Commercial NRT Direct S Naper Blve, Ste 122 Naperville, IL Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.

2 Property Summary Location: Address 365 E North Ave Glendale Heights, IL Parcels: & Zoning B-2 Site: Units 4 Buildings 1 Floors 1 Basement Year Built/Reno 1988 SF 6,400 Acres 0.70 Parking 35 Surface Non, built on concrete slab Utilities: Water/Sewer Gas Electric Construction: Foundation Framing Exterior Roof Mechanical: Heating/Cooling Hot Water Public Public Heating & Hot Water Separate Meters, Tenants pays. One house meter for common areas Concrete Slab Block Brick Flat Membrane, Age unknown Roof Mounted Commercial HVAC Separate tenant controlled hot water tanks.

3 Fully Occupied Retail Center

4 Fully Occupied Retail Center

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6 Randy Taylor Direct:

7 BACKGROUND Randolph is a Senior Commercial Real Estate Broker at Coldwell Banker Commercial NRT servicing the Greater Chicago Area as well as nationally in conjunction with our Global Client Services Group. Randolph has over 20 years of Commercial Real Estate Sales, Leasing, Investment and Asset Management experience. Prior to joining Coldwell Banker Commercial NRT, Randolph was a Corporate Real Estate Asset Manager with Bridgestone Americas developing and implementing strategic national new store site selection, portfolio management and surplus property disposition programs for a portfolio of over 2,300 retail stores, distribution centers and office properties. RANDOLPH TAYLOR MBA, CCIM, BROKER Coldwell Banker Commercial RTAYLOR@CRECONSULT.NET 1212 S Naper Blvd, Ste 122 Naperville, IL Direct/Mobile E-Fax Randolph is well-respected in the industry uniquely having a broad background in Commercial Real Estate including brokerage with Coldwell Banker Commercial, Corporate Real Estate Asset Management with Bridgestone Americas, Shopping Center and Multifamily Property Management with McKinley Associates and Market Analysis early is his career at the Grubb & Ellis Corp offices. Randolph s approach is more consultative than strictly transactional providing superior strategic direction utilizing comprehensive financial and market analysis resulting in better data driven decisions to achieving your goals. PRIMARY SPECIALTY Investment Sales, Seller Rep, Tenant Rep AWARDS NRT Coldwell Banker Top Broker 2014 Education MBA (Finance), BA (Geography) DESIGNATIONS/AFFILIATIONS Certified Commercial Investment Member (CCIM) International Council of Shopping Centers (ICSC) Northern Illinois Commercial Association of Realtors (NICAR) Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.