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18300 Center

$30/sqft/yr

18300 S Halsted, Glenwood, IL 60425

Active
Last Updated: 12/15/2023

8.5

Cap Rate

65,293

NOI

Details:
Cap Rate:    8.5%
NOI:    $65,293
Building Size:    7,330 sqft
Lot Area:    0.662 acres
Occupancy:    83%
Units:    5
Year Built:    1997
Floors:    1
Highlights:
  • Lighted corner location
  • High street visibilty
  • High traffic count
  • Two nation tenants
  • Highly visible Pylon Sign
Description:

The subject property is a retail center known as 18300 Center located in Glenwood, IL in Cook County. The 7,330 SF retail center was built in 1997 and has five rental units. The property features two national tenants Enterprise Car Rental and a UPS Store.

The subject retail center is located at the SWC of the lighted intersection of 183rd Street and Halsted Ave. in Glenwood, Illinois.

Map:
1 Space Available

Unit D Strip Center

Available:
Immediately
Sublease:
No
SQFT
1,298
Lease Type:
Gross

The vacant unit is the south-end cap space of the retail center. Unit D consists of ±1,298 SF. The unit asking rent is $30/ SF/year month based on a modified gross lease for a minimum term of 3 years

Documents:
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