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 |