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Huntington Center 4590 Princeton Ln 7,941 SF 100% Leased Retail Building Lake In The Hills, IL 60156 $2,196,944 CAD ($276.66 CAD/SF) 6.95% Cap Rate
Investment Highlights
- Great Neighborhood and Visibility
- Turn Key Cash Flow
- Well Maintained Building
Executive Summary
This fully leased retail strip center is an income-producing asset in a thriving neighborhood setting. The property
features six retail units currently occupied by three established tenants, including two nationally recognized brands.
Leases are all NNN. This investment opportunity offers minimal landlord responsibilities and predictable cash flow. The
property has been professionally managed, and the common areas are well maintained.
features six retail units currently occupied by three established tenants, including two nationally recognized brands.
Leases are all NNN. This investment opportunity offers minimal landlord responsibilities and predictable cash flow. The
property has been professionally managed, and the common areas are well maintained.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,941 SF
Building Class
B
Year Built
2006
Price
$2,196,944 CAD
Price Per SF
$276.66 CAD
Cap Rate
6.95%
NOI
$152,688 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
B-2
Parking
35 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
146’ on Lakewood Road
Property Taxes
| Parcel Number | 18-14-411-001 | Improvements Assessment | $319,201 CAD |
| Land Assessment | $105,376 CAD | Total Assessment | $424,577 CAD |
Property Taxes
Parcel Number
18-14-411-001
Land Assessment
$105,376 CAD
Improvements Assessment
$319,201 CAD
Total Assessment
$424,577 CAD
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Huntington Center | 4590 Princeton Ln
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