Remarks

Concentric Realty has been retained to offer for sale this 24,760 square-foot multi-tenant shopping center, Alsip Plaza, located at 12003-12039 S Pulaski Rd, Alsip, IL. The property is currently leased to a diverse mix of national and local retailers. Most tenants are currently signed modified lease with 3-5% annual rent increase. The property features great visibility from S Pulaski Dr., right next to Jewel-Osco and Chase Bank, along with ALDI/Burger King/McD/Food4Less and more. With 10 stable tenants, Alsip Plaza is currently at 91% occupancy. This shopping center is generating attractive income with consistent annual NOI growth over last 5 years, offering an attractive investment opportunity in a thriving retail corridor.

Details

MLS#: 12162059
Price: $2,600,000

Style: Shopping Center
Sq Ft: 24760
Year Built: 1975

County: Cook
Lot Size: 2.11
Tax Fee: 140807