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Roseland Retail Center 66 E 103rd St 19,919 SF 100% Leased Retail Building Chicago, IL 60628 $2,780,540 CAD ($139.59 CAD/SF) 8.16% Cap Rate
Investment Highlights
- Value Add Center
- Existing Long Term National Tenants
- High Traffic Area
- Major Shopping District
- Densely Populated Area
- On Site Parking 50 plus spaces
Executive Summary
Great Value Add Opprtunity. +/-20,000sf Retail Center on a +/-51,000sf site. The center is Anchored by Chase Bank in the 4,015sf eastern end unit n and Autzone in the 7,507sf western end unit. All leases are triple net. The inline space in the middle is 8,406sf. It was formerly occupied by Family Dollar. t. NOI at 100% occupancy based on current market rents in the area is estimated to be approximately $243,000-$250,000/yr. potentially generating a 9.26% cap rate.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
19,919 SF
Building Class
B
Year Built
1971
Price
$2,780,540 CAD
Price Per SF
$139.59 CAD
Cap Rate
8.16%
NOI
$226,753 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
1.17 AC
Parking
51 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
8,406sf inline space.
| Space | Size | Space Use | Position | Available |
| 66 | 8,406 SF | Retail | In-Line | 120 Days |
66
| Size |
| 8,406 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 120 Days |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
66
| Size | 8,406 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 120 Days |
8,406sf inline space.
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $301,603 CAD | |
| Land Assessment | $171,133 CAD | Total Assessment | $472,736 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$171,133 CAD
Improvements Assessment
$301,603 CAD
Total Assessment
$472,736 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Roseland Retail Center | 66 E 103rd St
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