Concentric Realty has been retained to offer for sale this 24,760 square-foot multi-tenant shopping center, Alsip Plaza, located at 12003-12039 S Pulaski Rd, Alsip, IL. The property is currently leased to a diverse mix of national and local retailers. Most tenants are currently signed modified lease with 3-5% annual rent increase. The property features great visibility from S Pulaski Dr., right next to Jewel-Osco and Chase Bank, along with ALDI/Burger King/McD/Food4Less and more. With 10 stable tenants, Alsip Plaza is currently at 91% occupancy. This shopping center is generating attractive income with consistent annual NOI growth over last 5 years, offering an attractive investment opportunity in a thriving retail corridor.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $2,600,000 | $105 | Concentric Realty, Inc |
Year | Annual Amount | Description |
---|---|---|
2023 | $140,807 |
Middle School Hamlin Upper Grade Center | 0.2 miles away | 06 - 08 | |
Junior High School Prairie Junior High School | 0.6 miles away | 07 - 08 | |
Elementary School Stony Creek Elementary School | 0.7 miles away | PK - 06 |