12860 Il-47 Local commercial 592 m² 100 % Loué À vendre Huntley, IL 60142 2 514 751 € (4 246,05 €/m²) Taux de capitalisation 6,65 %

New Construction
Stabilized Investment Opportunity Newly constructed in 2024, this 100% leased multi-tenant retail center features national and regional tenants all signed to landlord-favorable net-leases with a WALT greater than 8.75+ years. Additionally, the tenants’ rents are significantly below market for new construction, providing long-term occupancy stability and future upside potential
Neighboring Developments
Neighboring new retail developments within the last few years include Chipotle, 7 Brew Coffee, and Lighthouse Academy. Additionally, the property is within 2 miles of several new residential developments, including Huntley Crossings, a luxury 293-unit multifamily community; Stillwell Grove, a 41-lot single-family subdivision; and Regency Square, a 224-home residential development featuring urban-style townhomes, traditional townhomes, and age-targeted ranch duplexes
Location, Location, Location!
The property is located along Illinois Route-47, the main retail thoroughfare in Huntley, seeing over 32,361 vehicles per day
Strong Tenant Mix
The property is anchored by a complementary mix of food-service users and traditional retailers, all benefiting from strong lease structures and rental increases. JC Licht is a corporately guaranteed lease, while Jersey Mike’s is backed by a 30-unit operator
Exceptional Demographics
Asset is located within an affluent area of Kane County with over 81,114 residents and an average household income of $149,400 within a 5-mile radius of the site. Huntley is one of the fastest growing communities in the Chicago MSA with a 15% increase in population since 2010 and is expected to increase another 10% in the next 10-year period
Retail Hot Spot
Surrounded by national tenants such as; Jewel-Osco, Amazon, Walmart, ALDI, 7-Brew, Starbucks, Chipotle, Culver’s, Wingstop, and more