Back to Listings
ALDI and Starbucks Anchored Lemont Village Square

ALDI and Starbucks Anchored Lemont Village Square

East 127th Street and State Street
Lemont, Illinois 60439


price: $11,140,000

gla: 57,553 SF

cap: 7.13%

lot: 7.57 Acres

built: 2008

noi: $794,051

  • Anchored by ALDI Grocery Store, Which Recently Extended the Lease by 10 Years and Invested in a Significant Expansion
  • Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 4,458 Square Feet of Vacant Space
  • 92 Percent Occupied with Many Long-Term Tenants
  • Majority of Tenants Operating Under Triple-Net Leases
  • Starbucks has a Drive-Thru | Adds Value and Flexibility to Existing or Future Tenancy
  • Free Standing The Learning Experience Daycare Facility Included
  • Prime Center of Town Location on State Street and 127th Street with a Traffic Count of More Than 21,350 Vehicles per Day
  • Internet Resistant Mix of Restaurant, Grocery and Service Orientated Tenants
  • Notable Major Retailers in the Area Include Jewel-Osco, Anytime Fitness, McDonald’s, Walgreens, Taco Bell, Dollar Tree, Goodwill and Many More
>
Sean Sharko
Senior Vice President Investments

Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
 
* Broker of Record: Steven Weinstock