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17605 South Halsted Street
Homewood, IL 60430
Asking Price
$3.30M
Cap Rate
4.7%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Outparcel to Target & Menard Anchored Power Center <ul><li><span style="color: rgba(0, 30, 69, 1)">15-Year NNN Ground Lease Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 Construction w/ Dual Drive-Thru.</span></li><li><span style="color: rgba(0, 30, 69, 1)">Highly Accessible Drive-Through Configuration - the Site Benefits from Direct S. Halsted Street Frontage with Strong Ingress and Egress, Aligning Perfectly with the High-Volume Drive-Through Traffic.</span></li><li><span style="color:
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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193
