Brookline Real Estate, LLC. is proud to present the rare opportunity to acquire a multi-tenant retail center positioned in a strong transit oriented location in the Chicago suburb of South Holland. 629 E 162nd Street contains 4,900 square feet and is situated on approximately 0.44 acres. Near the lighted intersection of 162nd Street and Cottage Grove Avenue just west of I-94, the center benefits greatly from its position next to Jewel-Osco and McDonald's among dozens of other businesses on the active retail corridor. The center is fully occupied by internet-resistant tenants on long-term leases. Differentiated businesses and contrasting rush hours allow for an ideal synergy and mutual benefit across the property. The brick construction building has been beautifully maintained and offers its visitors front and rear parking in well-kept lots. Two entrances on 162nd Street aid traffic flow and allow tenants to operate smoothly. This asset is being offered at a 11.68% CAP rate with tremendous cash flow and continued growth.
11272937
Commercial - Retail, Business Opportunities, 1 Story
2009
Cook
0.44
Acres
1
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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