Fully Leased Retail Center at 9.2% Cap Rate

A 100% leased neighborhood retail center is available for sale in Streamwood. The 4,800 square foot center is leased to a Mexican restaurant, a convenience store, a cleaners and a salon, all of which are long-term tenants. Two tenants recently exercised three year renewal options. The center is well maintained with low owner expenses. The property has a strong cash flow, generating more than $38,000 of net operating income.

Streamwood is located in the northwest suburbs of Chicago, near Hanover Park and Bartlett. Close to Schaumburg Rd., a major thoroughfare for the area, 12,680 residents live within a mile of this center.