992-996 S Waukegan Rd - Storefront FOR SALE
Waukegan, IL 60085 |
992-996 S Waukegan Rd
Waukegan, IL 60085
HIGHLIGHTS
- Two-Tenant, Retail Strip | National Tenant Tropical Smoothie Cafe with 7 Years Remaining on Lease Term
- Ivy Hall, Operated by World of Weed, Inc., is Set to be the First Cannabis Dispensary in Waukegan | 10 Years Remaining on Lease Term
- Newer 2019 Construction | Dispensary Opened for Business in March 2023
- New Construction, High-End Casino and Hotel is Under Construction Directly Behind the Subject Property
- Ivy Hall has High Anticipated Sales | Ranging Between $8 Million to $10 Million
- Extremely Close Proximity to a Walmart Supercenter, Featuring a McDonald’s, as well as a multitude of Hotels
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
10-Yr Dispensary & 7-Yr Tropical Smoothie
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
7350
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
07-36-104-004
