Gross Point Crossings For Sale
Asking Price $4,287,034
2024 NOI: $310,810
Cap Rate: 7.25%
- Gross Point Crossings is a multi-tenant 10,037 SF shopping center that is currently 100% leased.
- Prominently located at the lighted intersection of Dempster Street & Gross Point Road.
- Strategic location with affluent north shore demographics.
- The new Tenant, Mobile Generation, starts paying full rent and pass thrus on 8/1/2024. The owner will credit the buyer any rent or recoveries if a closing happens before Tenant starts paying full charges.
- Affluent north shore demographics.
- Distinctive architectural design with brick, block and dryvit.
- Lighted monument signage available for the tenants use located on Dempster Street.
- The property is just east of I-94 interchange at Dempster Street.
| Address: | 5220-5240 Dempster Street | |
|---|---|---|
| City/State: | Skokie, IL | |
| Space Available: | 100% Leased | |
| Total Size: | 10,037 SF | |
| Contact: | Jeff Kowal Matt Smetana | (630) 572-5611 (630) 572-5632 |