100 John F.kennedy DrCarpentersville, IL 60110

Property Details for 100 John F.kennedy Dr

Lot size

0.86 AC

Property size (Sq ft)

13,820 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a fully leased, 13,820 square foot shopping center in Carpentersville, Illinois. Located at 100 N John F. Kennedy Dr, this single-story building sits on a 0.86-acre lot and features five tenants under a triple-net (NNN) lease structure. The property boasts a strong 7.48% cap rate and a net operating income (NOI) of $231,806, with an asking price of $3,099,000 ($224.24/sq ft). The center benefits from a prime location near Dundee Crown High School, surrounded by a dense residential area with over 46,848 residents within a three-mile radius and an average household income exceeding $112,172. Long-term leases are in place with service-oriented tenants, ensuring a stable and predictable income stream. This strategically located property offers a compelling investment opportunity for those seeking a high-performing retail asset in a thriving community. The property is situated at the corner of Kennedy Drive and Kings Road, providing excellent visibility and accessibility. The 100% occupancy rate and long-term leases minimize vacancy risk and maximize return on investment. This is a rare opportunity to acquire a well-established, high-performing retail property in a desirable location.

Location Insight

City

Carpentersville

County

Kane

State

Illinois

Latitude

42.1315

Longitude

-88.2578

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