Lincolnshire Commons
970 Milwaukee Ave, Lincolnshire, IL, 60069, US
Beschrijving
Address: 902 W Kimberly Rd, Davenport, IA
GLA: 233,100 SF
Year Built / Renovated: 1988 / 2016
Parking Spots: 1,243
Occupancy: 91.6%
Number of Buildings: 4
Number of Suites: 35
WALT: 6.2 Years
Weighted Average Tenure: 9.3 Years
Year 1 NOI: +/- $2,061,043
5-Year CAGR: +/- 6.7%
Iowa Licensee:
Michael Minard
Senior Vice President
563.508.4649
IA License #: S42639000
...
Kenmerken
Aantal eenheden
35
Bezettingspercentage
90,2%
Parkeerplaatsen
1.243
Bouwjaar
1988
Renovatiejaar
2016
WALT
6.2 jaren
Media
Investeringskenmerken
- Tremendous Recent Leasing Velocity
- 4 tenant openings across 72,708 SF since 2024, representing 33% of leasable GLA
- Dominant Anchor Tenant Performance & Strong Credit Quality
- #1 most trafficked Ross (Moody’s A2) in Iowa
- #3 most trafficked Pet Supplies Plus & Five Below in Iowa
- Over 60% of occupied space is national tenancy
- Regional Center with Local Draw & Unmatched Visibility
- Over 2.1M annual visits and combined VPD of 36k
- Stable Cash Flow with Value-Add Opportunity
- 18,472 SF of leasable vacant space available across 5 suites, offering opportunity to increase rental revenue by +/- 13% through lease-up
- Ideal Anchor to Shop Space Ratio
- 68% Big Box / Jr Anchor to 32% Small Shop
- Located on Retail Corridor Supported by Major Regional & National Retailers
- Only 2.1% retail vacancy within 5-mile radius
- Potential to Relocate National Retailers from Adjacent Northpark Mall ($290 Sales PSF)
Contact adviseurs
Village Shopping Center (0 Eigendommen)
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Laatst bijgewerkt
17 apr 2026
