Calumet City Plaza

454 Burnham Avenue, Calumet City, IL

$1,450,000

Price

8.62%

Cap Rate

$136,674

NOI

Overview
Cap Rate
8.62%
NOI
$136,674
Building Size
16,900 sqft
Year Built
2007
Description

100% Leased Retail Strip Center -2007 Construction: tenants on long term leases with scheduled rent increases in primary terms and/or option periods.

 

Great Retail Location: Located within 7 minutes driving distance to multiple grocery-anchored and big box anchored retail developments | Area national tenants include: Strack & Van Til, Pete's Fresh Market, Aldi, Sam's Club, The Home Depot, JC Penny, Macy's, Victoria's Secret, Ashley Stewart, Ross, Starbucks, Culver's, Taco Bell, Sonic Drive-In, Buffalo Wild Wings, Panda Express and many others.

 

Excellent Access and Visibility: Strategically placed on the hard corner signalized intersection of Sibley Blvd. and Burnham Ave. | Excellent visibility and access to Interstate 94 | Over 20,000 VPD at Sibley Blvd. and over 13,000 VPD at Burnham Ave.

 

Strong Demographics: Average Household Income is over $65,000, $58,000 and $62,000 within a 1, 3 & 5 mile radius respectively | Area population is 13,634, 104,228, and 242,508 within a 1, 3 & 5 mile radius respectively.


Location