17910 Halsted St - Storefront Retail/Office FOR SALE


Homewood, IL 60430
$3,623,000 USD
17910 Halsted St, Homewood, IL for Sale
$3,623,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 7.25% Cap Rate

17910 Halsted St
Homewood, IL 60430


HIGHLIGHTS

  • Long Term Operating History with Recent Lease Extension
  • Investment Grade Tenancy
  • Minimal Landlord Responsibilities
  • Beow-Market Rent
  • Washington Park Plaza Anchor
  • Nearby Development – Hotel & Casino

OVERVIEW

CBRE’s Net Lease Property Group – Midwest is pleased to present the opportunity to acquire the fee simple interest in a freestanding Petco located as an anchor within Washington Park Plaza in Homewood, Illinois. The property is leased to Petco Animal Supplies Stores, Inc., operating as Petco, under a long-term NN lease. In May 2026, Petco demonstrated its continued commitment to this location by exercising its second lease extension early at contractual rent with no concessions, securing its tenancy through May 2033. Strategically positioned within Washington Park Plaza, Homewood’s premier retail destination, the property benefits from strong and consistent foot traffic generated by leading national retailers including T.J. Maxx, Ross Dress for Less, Old Navy, Five Below, and Best Buy. The center attracts approximately 2.8 million annual visitors, creating a highly synergistic environment that supports Petco’s continued performance as a dominant regional animal health and wellness goods supplier. Petco Health and Wellness Company, Inc., a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Petco mobile clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox. com websites. The company currently operates more than 1,500 Petco locations in the United States, Mexico, and Puerto Rico that included a network of more than 100 in-store veterinary hospitals. Petco Health and Wellness Company, Inc. was founded in 1965 and is headquartered in San Diego, California. Petco revenue in the U.S. for FYE January 2025 was $6.1B.

FOR SALE DETAILS

PRICE

$3,623,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ROSS Dress for Less

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.05 AC

LAND SF

394,218 SF

ZONING

B-4 PUD

APN/PARCEL ID

29-32-200-095-0000

ASK ABOUT THIS PROPERTY

Michael KaiderCBRE, Inc.More Info

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Michael KaiderCBRE, Inc.More Info

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