Ottawa Centre Portfolio
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Ottawa Centre Portfolio
2 Retail Properties Offered at £4,408,250 in Ottawa, IL
Investment Highlights
- Unlock additional value through lease-up of existing vacant ±8,400 SF and development of the remaining pad site.
- NOI ±$444,000 at ±84% occupancy.
- Adjacent to the recently developed OSF HealthCare Medical Office.
Executive Summary
Walmart shadow anchored ±51,446 SF multi-building in-line retail and pad site portfolio. Located within the greater Ottawa Centre development, a commercial hub for Ottawa, IL and surrounding communities, providing ample consumer traffic. Since it’s completed construction, Ottawa Centre has retained long-term strategic tenants, showcasing the viability of the site.
Property Facts
Price | £4,408,250 | Number of Properties | 2 |
Price / SF | £85.69 / SF | Individually For Sale | 0 |
Net Initial Yield | 8.07% | Total Building Size | 51,446 SF |
Sale Type | Investment | Total Land Area | 15.37 AC |
Status | Active |
Price | £4,408,250 |
Price / SF | £85.69 / SF |
Net Initial Yield | 8.07% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 51,446 SF |
Total Land Area | 15.37 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
333-389 W Stevenson Rd, Ottawa, IL 61350 | Retail | 42,486 SF | 2006 | - |
4036 Veterans Dr, Ottawa, IL 61350 | Retail | 8,960 SF | 2012 | - |
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Ottawa Centre Portfolio
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