Overview

Description

SVN is pleased to propose the sale of McHenry Town Center, a fully leased 8,302 square foot shopping center in McHenry, Illinois. The site is net leased to strong national brands including GameStop, T-Mobile, Sport Clips, and America's Best. All of the tenant rental rates are at or below market making the asset a great opportunity for any investor as the site has zero deferred maintenance and very minimal landlord responsibilities.

The subject property is located in the heart of the Richmond Road (Route 31) retail corridor. The site is an outparcel to a Home Depot and Meijer anchored retail development. Nearly 23,000 vehicles pass the highly visible property on a daily basis. There is an abundance of national and regional retailers in the immediate area including; Walmart, Dick's Sporting Goods, Kohl's, PetCo, JC Penney, and many more.

Highlights

• 100% leased to national retailers
• High visibility center anchored by Home Depot and Meijer
• Exceptional Visibility with 25,000 VPD
• Ample Parking
• Scheduled Rent Increases
• Benefits from Low McHenry County Commercial Real Estate Taxes
• Minimal Landlord Responsibilities

Documents

---