Kohl’s at Highland Plaza

Investment Highlights

  • Long Term NNN Lease
  • Tenant Responsible for Roof & HVAC
  • Rent Increase in 5 Years
  • Investment Grade Tenant
  • Mood’s: A2 Credit Rating
  • High Volume Home Depot
  • Absolute NNN Lease
  • Rent Increases in 4 Years
  • Ten 5yr Options Remaining
  • Investment Grade Tenant
  • Moody’s: Baa2 Credit Rating
  • Adjacent to Home Depot & Big Lots
  • Class “A” Construction
  • Adjacent to Highway I-271 Exit
  • Signalized Entrance
  • Ample Parking
  • Progressive Insurance Headquarters across the Street
  • Strong Traffic Counts: 39,000 Cars\Day
  • 140,000 People Within 5 Miles
  • Strong Traffic Counts: 39,000 Cars/Day
  • Average HH Income; $87,695 (1Mile)

Offering Summary

  • Price: $16,000,000
  • Cap Rate: 6.28%
  • GLA: 80,371 Sq. Ft.
  • Price Per Square Foot: $199.08
  • Occupancy: 100%
  • Site Area: 5.11 Acres

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