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Off Market
1/6

13029-13039 S La Grange Rd
Palos Park, IL 60464


HIGHLIGHTS

  • Newer construction center (2007) featuring Dunkin' Donuts and Perfect Smiles
  • Well located along La Grange Road, just north of 131st Street, directly across the street from the Jewel-Osco anchored Shoppes at Mill Creek Center
  • Dunkin' Donuts has leased at the center since 2006 and has lease term through December, 2026
  • Visibility and exposure to over 44,000 VPD
  • Value-Add Opportunity via lease-up and stabilization

OVERVIEW

Newer construction (2007) multi-tenant retail center for sale fronting La Grange Road, just north of 131st Street, in Palos Park. The center features a mix of national and local tenants including Dunkin' Donuts, Perfect Smiles, and Anetta Hair Studio. Dunkin' Donuts has leased at the center since 2006 and has lease term through December, 2026. Strong in-place NOI at the 59% occupancy rate. The center is extremely well located directly across the street from the Jewel-Osco anchored Shoppes at Mill Creek Center and adjacent to both Walgreens and Republic Bank. Dual-sided monument signage fronting La Grange Road provides visibility and exposure to over 44,000 VPD. Other neighboring retailers include Aldi, Chase Bank, Oberweis Dairy, First Midwest Bank and DaVita.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Value-Add Retail Opportunity in Palos Park

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

7700

STORIES

1

YEAR BUILT

2007

SPRINKLERS

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PARKING SPACES

20

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

23-34-100-072-0000