Shopping Strip

Round Lake Commons

131-171 W Belvidere Rd, Round Lake, IL 60073

Listing Price: $1,922,000

Cap Rate
8.51%
Gross SF
16,460
Rentable SF
16,460
Price/Gross SF
$116.77
Lot Size
1.92 acres
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present Round Lake Commons located in Round Lake, Illinois. The center has an excellent mix of internet-resistant tenants with minimal competition in the trade area with provides a steady flow of patrons. The 2006 construction is priced at less than half of replacement cost with modest rents offering an investors security and potential upside. High visibility site with multiple access points and 85 surface spaces. Anticipated 10.5 percent population increase by 2023. The property is surrounded in multiple manufacturing facilities and four schools.

Investment Highlights

  • Excellent Mix of Internet-Resistant Tenants
  • Minimal Competition in Trade Area which Provides a Steady Flow of Patrons
  • 2006 Construction Priced at Less than Half of Replacement Cost
  • High Visibility Site with Multiple Points of Ingress/Egress

Exclusively Listed By

Listing Price: $1,922,000

Cap Rate
8.51%
Gross SF
16,460
Rentable SF
16,460
Price/Gross SF
$116.77
Lot Size
1.92 acres
Year Built
2006

Investment Highlights

  • Excellent Mix of Internet-Resistant Tenants
  • Minimal Competition in Trade Area which Provides a Steady Flow of Patrons
  • 2006 Construction Priced at Less than Half of Replacement Cost
  • High Visibility Site with Multiple Points of Ingress/Egress

Investment Overview

Marcus & Millichap is pleased to present Round Lake Commons located in Round Lake, Illinois. The center has an excellent mix of internet-resistant tenants with minimal competition in the trade area with provides a steady flow of patrons. The 2006 construction is priced at less than half of replacement cost with modest rents offering an investors security and potential upside. High visibility site with multiple access points and 85 surface spaces. Anticipated 10.5 percent population increase by 2023. The property is surrounded in multiple manufacturing facilities and four schools.

Exclusively Listed By

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