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ROUND LAKE COMMONS

$1,922,000 | 8.35%

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131-171 W. Belvidere Road
Round Lake, Illinois 60073

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Features

  • Excellent Mix of Internet-Resistant Tenants | Occupied by Service, Food and Fitness Tenancy
  • Minimal Competition in Trade Area which Provides a Steady Flow of Patrons to the Center
  • 2006 Construction Priced at Less than Half of Replacement Cost | Modest Rents Offering an Investor Security and Potential Upside
  • High Visibility Site with Multiple Points of Ingress/Egress | Property is Well-Parked with 85 Surface Spaces
  • Snap Fitness | Over 2,000 Locations Worldwide | Open 24 Hours a Day, Seven Days a Week
  • Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 1,938 Square Feet of Vacant Space
  • Anticipated 10.5 Percent Population Increase by 2023
  • Located on Heavily Traveled Belvidere Road | 19,815 Vehicles Passing per Day
  • Surrounded by Four Schools and Multiple Manufacturing Facilities
  • One Mile to the Round Lake Milwaukee District North Metra Station | 6,610,059 Annual Ridership

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock

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