Marcus & Millichap Arranges $5.9 Million Sale of Retail Property near Chicago

by Nate Hunter

Bolingbrook, Ill.  The shopping center is nearly 93 percent occupied.

Bolingbrook, Ill. – Marcus & Millichap has arranged the $5.9 million sale of Shops at Lily Cache Creek, a 17,960-square-foot retail property in Bolingbrook, a suburb of Chicago. The shopping center is nearly 93 percent occupied. A majority of the current leases are set to expire in 2016 or later with each tenant operating under a net-lease. Austin Weisenbeck and Sean Sharko of Marcus & Millichap’s Chicago Oak Brook office represented the seller, a privately owned limited liability company, and the buyer, a national shopping center owner.

   Danielle Everson

You may also like