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.

Location Insight

City

Carpentersville

County

Kane

State

Illinois

Longitude

-88.2578

Latitude

42.1315