10205 Grand Ave - Storefront FOR SALE
Franklin Park, IL 60131 |
10205 Grand Ave
Franklin Park, IL 60131
HIGHLIGHTS
- Anchored by Just Tires (subsidiary of Goodyear, S&P credit rating BB-) | Just Tires has occupied this space since 1975
- Shadow anchored by a Jewel Grocery Store (Albertson's) and Big Lots
- Weighted Average Lease Term of over 10 years | Highly stabilized rent roll | 96% Occupied | Offered at $118 per square foot - priced far below replace
- Brand new tear off roof installed in 2022
- Highly sought after "Med-Tail" opportunity with a diverse mix of medical and service oriented uses amongst the tenants
- Below market rents, average rents are about $9 per square foot | Most leases feature significant annual rent bumps
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Just Tires Retail Center | Jewel Shadow
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
42111
STORIES
1
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
604
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
12-28-300-028-0000
