12337 S Route 59 - Storefront Retail/Office FOR SALE
Plainfield, IL 60585 |
$10,500,000 USD
312-269-0220
12337 S Route 59
Plainfield, IL 60585
HIGHLIGHTS
- Ownership has recently signed two brand new net-leases, bringing occupancy to 97%, signifying the strength of the market and asset
- Strong Tenant Mix; Property features a complimentary mix of national and regional tenants, most of which are resistant to competition from e-commerce
- Easily Accessible Site; Multiple points of Ingress/Egress from Route-59, Andrew Road & Industrial Road providing easy access to the site
- Highly Visible Location; Excellent visibility along Route-59 with over 750 feet of frontage and more than 43,235 VPD
- Exceptional Demographics Asset is located within an affluent area with over 52,264 residents and an average hh income of $209,200 within a 3-miles
- Neighboring Retail Tenants; Surrounded by national tenants such as; Target, Kohl’s, Meijer, Menards, Planet Fitness, Binny’s, Starbucks, and more
FOR SALE DETAILS
PRICE
$10,500,000 USD
PRICE/SF
$191 USD /SF
CAP RATE
7.6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
200
LAND DETAILS
LAND ACRES
6.55 AC
LAND SF
285,318 SF
ZONING
B-3
APN/PARCEL ID
07-01-27-301-018
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312-269-0220
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312-269-0220
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