4431-4457 W Lincoln Hwy
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4431-4457 W Lincoln Hwy
25,520 SF 100% Leased Retail Building Matteson, IL 60443 £1,216,736 (£48/SF) 12.04% Net Initial Yield
Executive Summary
Multi tenant retail center for sale along Lincoln Highway in Matteson. This property is 96% occupied and being offered at a 12% capitalization rate. Many long term tenants with a mix of restaurants, spas, and more.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,520 SF
Building Class
C
Year Built
1976
Price
£1,216,736
Price Per SF
£48
Net Initial Yield
12.04%
NOI
£146,495
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Land Acres
2.34 AC
Zoning
C-2, Matteson
Parking
112 Spaces (4.39 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 31-22-300-019-0000 | Improvements Assessment | £251,794 |
Land Assessment | £60,080 | Total Assessment | £311,874 |
PROPERTY TAXES
Parcel Number
31-22-300-019-0000
Land Assessment
£60,080
Improvements Assessment
£251,794
Total Assessment
£311,874
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4431-4457 W Lincoln Hwy
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