75 W Plummer Blvd - Retail FOR SALE


Chatham, IL 62629
$4,265,000 USD
602-418-2197
75 W Plummer Blvd, Chatham, IL for Sale
$4,265,000 USD
Retail - FOR SALE
1/9
null | 7.65% Cap Rate

75 W Plummer Blvd
Chatham, IL 62629


HIGHLIGHTS

  • Strong Neighborhood Retail Center | Dollar Tree & USPS Anchors | Value-Add Lease-Up Opportunity
  • Dominant Retail Corridor | Daily Needs Shopping Destination | Established Consumer Draw
  • Adjacent to Residential Growth | Schools & Community Amenities Nearby | Strong Local Demand Drivers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in Plummer Plaza, a 28,123-square-foot neighborhood retail center located in Chatham, Illinois. The property is currently 85% occupied by a mix of national, government, and local tenants including Dollar Tree (BBB), USPS, and Scoop Du Jour, providing investors with immediate cash flow and a weighted average remaining lease term of approximately 7.0 years.

FOR SALE DETAILS

PRICE

$4,265,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plummer Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

129

LAND DETAILS

LAND ACRES

3.15 AC

LAND SF

137,214 SF

ZONING

B2

APN/PARCEL ID

28-01.0-476-009,28-01.0-476-010

ASK ABOUT THIS PROPERTY

Gregory WhiteCBRE, Inc.More Info
602-418-2197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gregory WhiteCBRE, Inc.More Info
602-418-2197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.