1333 Western Ave - Storefront FOR SALE
Chicago Heights, IL 60411 |
1333 Western Ave
Chicago Heights, IL 60411
HIGHLIGHTS
- Outstanding Grocery-Shadow Anchored Opportunity: Opportunity to acquire Food 4 Less grocery-shadow anchored asset.
- Committed Tenancy: Over 40% of tenants within the occupied GLA have been at the center for more than six years.
- Pandemic Resistant: Throughout the pandemic, collection rates have remained high with only two tenants requesting rent relief, each lasting 3 months.
- High Traffic Counts: Ideally located at the northeast corner of Lincoln Highway (26,900 VPD) and Western Avenue (13,400VPD).
- Strong Demographics & Low Cost of Living: The surrounding area has a solid, established demographic profile and relatively low cost of living for IL.
- Easily Accessible: Exceptional, unobstructed frontage and multiple access points from each road provide convenient ingress/egress for shoppers.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Lincoln Crossing Strip Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
19359
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
32-19-101-038-0000
