8127 Kennedy Ave Highland, IN 46322
High-yield retail investment, 8.86% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 100% leased, value-add retail strip center in Highland, IN.
- Below-market rents averaging under $10/SF, offering significant upside potential.
- Prime Kennedy Ave. location, south of I-80/94 interchange.
- Strong tenant mix of medical and retail uses.
- High historical occupancy rate.
- Located ~30 miles from downtown Chicago.
Property Details for 8127 Kennedy Ave
- Property type
- Neighborhood centers, Retail properties
- Square Feet
- 30,809 SF
- Year Built
- 1958
- Lot Size (sq. ft)
- 182,516 SF
Location Insight
- City
- Highland
- County
- Lake
- State
- Indiana
- Latitude
- 41.565299
- Longitude
- -87.460658
Nearby Similar for Sale
FAQs
- What type of property is this?
- Neighborhood center - High-yield retail investment, 8.86% cap rate.
- Where is the neighborhood center located?
- The property is located at 8127 Kennedy Ave Highland, IN.
- What is the asking price?
- The asking price for this property is $2,400,000.
- What are key features of this property?
- This property features: 100% leased, value-add retail strip center in Highland, IN.; Below-market rents averaging under $10/SF, offering significant upside potential.; Prime Kennedy Ave. location, south of I-80/94 interchange.
- How can I contact the broker?
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