34491 N Old Walnut Circle, Gurnee, IL, 60031

This beautiful neighborhood center built in 1997 is for sale in the heart of Gurnee IL with traffic counts as high as 23,000 cars per day. It is being sold as an investment with a cap rate of 6.9% taking into account the vacancy factor and management fees. Without the vacancy factor, the assumed cap rate would be 7.5%. With lower overhead on the center, this creates a great opportunity for an investor to own a hands off investment. Ownership has also restriped and sealed the parking lot. Contact for more details.