1002 Brook Forest Avenue Retail
  • Gross Leasable Area
    8,082 SFGross Leasable Area
  • Built
    2006Built
  • Acres
    ~0.86 acAcres
  • City
    ShorewoodCity

Description

Mavis Tires & Brakes property offered for sale at 1002 Brook Forest Avenue in Shorewood, Illinois, for $4,094,000. Approximately 8,082 SF on 0.86 acres, built in 2006, in the Chicago-Naperville-Elgin market. Source advertises a 7.25% capitalization rate and an absolute NNN lease through May 2031, with three five-year extension options and CPI-based increases every five years capped at 12%. Those terms, tenant obligations, rent and underwriting require verification from current lease and financial documents. Located at Shorewood Crossing near I-55. Loan-assumption availability and terms are subject to lender approval; no financing or investment performance is guaranteed. Main listing broker Chris Kostanecki of CP Partners.

Offering Summary

  • Asking Price
    $4,094,000
  • Property Type
    Retail
  • Size
    8,082 SF
  • Built
    2006
  • Total Acres
    ~0.86 ac

Sale Details

  • Cap Rate
    7.25%

Documents

Property Address

1002 Brook Forest Avenue
Shorewood, IL 60404

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    8,082 SF
  • Year Built
    2006
  • Acres
    0.86

Deal Team

Chris Kostanecki profile image

Chris Kostanecki

Founder, Executive Committee
CP Partners