Hobby Lobby 7370 Woodward Avenue, Woodridge, IL Cap Rate 8% Woodridge (La Salle, Illinois, US ) Built

$3,762,238 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 42,997 sq. ft.
  • Development Level: Built
  • Lot Size: 3.41 acres
  • Year Built: 2014

Description

Hobby Lobby 7370 Woodward Avenue, Woodridge, IL Cap Rate 8%

Cap Rate: 8%
NOI: $300,979
Building Size: 42,997 sqft
Lot Area: 3.41 acres
Lease Type: Double Net
Year Built: 1994 / 2014
Zoning: B-25

Price: $3,762,238 USD

HIGHLIGHTS
• EXCELLENT LOCATION & VISIBILITY. MULTIPLE POINTS OF ACCESS. The subject property sits just west of I-335 (134,468 CPD) and is the first shopping center drivers encounter heading west off of exit 15. Hobby Lobby (separately parceled) with operate as a stand alone investment property while benefiting from being in a Home Depot anchored power center. The center also has excellent access off 75th Street (32,298 CPD) as well as Woodward Ave (16,503 CPD). Subject property sits 30 miles from the Chicago CBD and is surrounded by the neighboring Naperville, Downers Grove, Bolingbrook, Aurora and Orland Park.
• STRONG, CREDIT WORTHY TENANT Hobby Lobby is the largest privately owned arts and crafts retailer in the world with over 43,000 employees and 822+ locations. Hobby lobby reports an annual revenue of just under $5 Billion.
• ROBUST DEMOGRAPHICS The surrounding area possesses a very strong demographic base with: 251,602 estimated population and $118,408 average household income within a five mile radius of the property 77.6% of people are college educated within a five mile radius of the subject location.
• WELL ESTABLISHED RETAIL CORRIDOR The subject property sits within a strong retail corridor surrounded by tenants such as Home Depot, Walmart, Five Below, Kohl’s, Aldi, Old Navy, TJ Maxx, etc.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

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Information is deemed to be correct but not guaranteed.