Lemont Plaza | Grocery Anchored | 5+Year WALT 1100-1120 State St

1100-1120 State St , Lemont, Illinois, 60439 | 119,012 sq.f

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About This Restaurant

Investment Highlights

TOP-PERFORMING GROCER ON A LONG-TERM LEASE & SIGNIFICANT CAPITAL INVESTMENT NEIGHBORHOOD RETAIL CENTER OF GRAVITY PHYSICAL BARRIERS TO ENTRY MINIMAL FULL-LINE GROCERY COMPETITION ACCELERATING PETE?S PERFORMANCE FUTURE PAD SITE OPPORTUNITIES RECENT LEASING MOMENTUM | DIVERSE TENANT MIX OF NATIONAL AND LOCAL RETAILERS ? 5-YEAR WALT

Executive Summary

BRE National Retail Partners presents, to qualified investors, the opportunity to acquire a 100% fee simple interest in a 119,012 SF grocery-anchored community center in Lemont, Illinois. The property is located along State Street, north of 127th Street, approximately one mile east of Interstate 355, and approximately four miles south of Interstate 55. Lemont Plaza is approximately 25 miles southwest of Chicago?s Central Business District.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Freestanding General Retail Restaurant General Retail Supermarket Storefront
  • Building Size    119,012
  • Building Class    B
  • Year Built/Renovated    1980/2006
  • NOI    1,315,185
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Loading Docks    3 Exterior
  • Building FAR    0.25
  • Land Acres    10.85 AC

Amenities

  • Pylon Sign
  • Signalized Intersection

Property Taxes

Parcel Number 22-29-309-038-0000 22-29-309-039-0000 Improvements Assessment $56,563
Land Assessment $8,498 Total Assessment $65,061
Date Created: 2024-07-16 04:13:40 Last Updated: 2024-07-16 04:13:40
Address: 1100-1120 State St , Lemont, Illinois, 60439