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Off Market
1/5

1001 E 162nd St
South Holland, IL 60473


HIGHLIGHTS

  • Opportunity to purchase a stabilized retail asset along heavily trafficked 162nd Street.
  • Currency Exchange is a on a NNN lease with term through November 1, 2027
  • Soul 2 Go and Currency Exchange have leased at the center for 10 and 20 years respectively
  • Monument signage fronting 162nd Street provides exposure to approximately 32,600 VPD
  • Conveniently accessible, located just one (1) mile from Interstate 94 (I-94)
  • Newly paved, seal coated, and stripped parking lot (21 spots on-site)

OVERVIEW

Multi-tenant retail building for sale along 162nd Street, just west of Interstate-94 (I-94), in South Holland. The 3,800 SF building is submerged in a prominent commercial corridor, a half block east of Jewel-Osco, and features visibility and exposure to over 32,600 VPD. The building is 100% occupied and features three (3) tenants: Tacqueria Jalisco, Soul 2 Go, and Currency Exchange. Currency Exchange is on a NNN leases with term through November 1, 2027 and has been at the building for 20+ years. The property produces a net operating income (NOI) of approximately $68,417 and features a new monument sign, a newly paved parking (21 parking spaces), new parking lot lights, and an electric reader board along 162nd Street. Neighboring Retailers include Jewel-Osco, Walgreens, Value City Furniture, Panera Bread, McDonald's, Salvation Army, Aldi, and Harold's Chicken, among many others

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Fully Leased Retail Center Along 162nd Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

3750

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

29-23-109-001-0000