Lincolnshire Commons_Property for Sale
Lincolnshire Commons_Property for Sale

Lincolnshire Commons

970 Milwaukee Ave, Lincolnshire, IL, 60069, US

Description

  1. Address: 970 Milwaukee Avenue, Lincolnshire, IL 60069
  2. GLA: 133,554 SF
  3. Occupancy: 84.7%
  4. Year 1 NOI: +/- $3,400,000
  5. 5-Year CAGR: +/- 6.0%
  6. Number of Buildings: Nine (9)
  7. Year Built: 2006
...

Attributes

Year built
2006
WALT
6.5 years
Rentable area
12,408 m²
Number of buildings
9

Media

Investment Highlights

  1. Dominant Endeavor Health Anchored Retail Center
  2. AA3 Investment Grade Tenancy
  3. $5.4B of Revenue in 2024, 8.5% Increase YoY
  4. Value-Add Potential Through Vacant Lease-Up
  5. 84.7% Occupied with 20,401 SF of Vacancy Across Six (6) Suites Ranging 1-8K SF
  6. 9 Separate Buildings Provides Exit Flexibility
  7. Advantageous for Investors and Provides Arbitrage Opportunities Through Single-Transaction Spin-Downs
  8. Includes Five (5) Single Tenant Outparcels and Four (4) Unanchored Strips
  9. 6.5 Year WALT Boosted by Recent Leasing Velocity
  10. 29K SF (22% of GLA) Across Five New Leases Executed in Past 18 Months
  11. Increased On-Site Density
  12. Former Office Building Directly to the North of Asset is Planned for 340 Unit Luxury Rental Apartment Redevelopment
  13. Lake County Location
  14. Tenants Benefit from Lower Tax Liabilities Compared to Other Counties within Chicago MSA
Lincolnshire Commons 4_Property for Sale
Lincolnshire Commons 4_Property for Sale

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Lincolnshire Commons (0 Properties)

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Last updated
26 Feb 2026