Frontline Real Estate Partners has been hired to sell a 10,831 SF retail center located at 7100-7128 S. Yates Blvd, Chicago, IL. The fully-leased neighborhood center is anchored by a corporate backed Walgreens lease with term through 2026. The property features pylon signage on both Yates Boulevard and 71st Street, and it is located directly across from the South Shore Metra Station. The asking price is $2,375,000, which represents an 8.7% cap rate on the in-place NOI of $207,000.
About Frontline Real Estate Partners
Founded in 2010, Frontline has established itself as one of Chicagoland’s premier commercial real estate brokerage, property management, and investment companies serving real estate owners, investors, and financial institutions.