1388 S US Hwy 12, Fox Lake, IL 1388 S US Highway 12 9,131 SF 100% Leased Retail Building Fox Lake, IL 60020 $4,858,706 CAD ($532.11 CAD/SF) 6% Cap Rate

Fully occupied Retail Strip Center, located on busy US Hwy RT12/Rand Rd and situated on out lot to Menards Building Center, is offered for sale. This 8,000sf center features five (5) strong, tenants, with lease terms beginning in 2004, 2012, 2013, 2016 and 2022, remaining weighted average lease term of 5.3 years, plus future 5 yr renewal options. High daily traffic flow with surrounding established businesses including Menards Home Improvement Center, Jewel Osco Grocery, The Home Depot, Aldi Grocery, Starbucks, Sherwin Williams and others. Excellent exposure to RT 12, this location is considered the entry to the Chain of Lakes, one of the most popular leisure destinations in the country drawing 60,000 visitors over the summer and as high as 100,000 during the holidays. Contact, Broker Joe H for Income/Expense and Rent Roll.