100 John F.kennedy Dr Carpentersville, IL 60110
- Lifestyle centers
- 13,820 SF
- 0.86 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 100 John F.kennedy Dr
- Lot size
- 0.86 lot acres
- Property size
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carpentersville
- County
- Kane
- State
- Illinois
- Longitude
- -88.2578
- Latitude
- 42.1315
