9561 West 171st Street
Tinley Park, IL
Price:
$3,328,000
Cap Rate:
5.75%
NOI:
$191,362
Building Size:
Approx. 5,241 Sq. Ft.
Lot Size:
Approx. 1.04 Acres
Type:
Multi-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 5,241+/- SF Building on 1.04+/- Acre Site
- Brand New 10 Yr Net Leases w/ 5% (SBUX) and 10% (MEC) Rental Increases Every 5 Yrs
- Excellent Location at Signalized Intersection of US 45 & W 171st St (50K VPD)
- Near Lowe’s, Party City, Hobby Lobby, Marshalls, Kohl’s, Target, Walmart
- Strong Income Demographics w/ est. $127,162 within a 1-Mile Radius
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Tinley Park | 21 Miles from the Chicago Loop | Population: 56,505