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Off Market
1/4

1330-1338 75th St
Downers Grove, IL 60516


HIGHLIGHTS

  • Top 3 MSA in the country – Chicago MSA is the 3rd largest in the US with an estimated population of 9.5 million
  • E-Commerce Proof Tenant Line Up – Leased to growing restaurant operators with strong operating histories at the location
  • Excellent Traffic Counts – This strip center is an outparcel to The Grove shopping center, which sits along 75th St, boasting over 32,743 VPD

OVERVIEW

INVESTMENT HIGHLIGHTS: Minimal Landlord Responsibility – Attractive NNN Lease structure for each tenant Value-Add potential – Subject property is currently operating at 89.6% occupancy with majority of the tenants on 5-Year lease terms or under Synergistic Retail Corridor – Surrounding national, name-brand retailers including: Kohl’s, Ross Dress for Less, Best Buy, Walmart Supercenter, The Home Depot, Pet Smart, UPS and many more Delivered free and clear of financing permitting an investor purchase for cash or obtain new financing at desired LTV and terms

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

Chili's Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

14568

STORIES

1

YEAR BUILT

1986

SPRINKLERS

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PARKING SPACES

110

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

09-30-201-018