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Meijer Two-Tenant Outlot Center

Meijer Two-Tenant Outlot Center

92nd Place and Western Avenue
Evergreen Park, Illinois


price: $3,097,931

gla: 6,000 SF

cap: 7.25%

built: 2019

noi: $224,600

 

  • New Construction
  • Outparcel to Major Regional Shopping Centers Anchored by Meijer, Walmart, Menards, ROSS Dress for Less and Michaels
  • Ashley Stewart is a Relocation Store
  • Both Tenants Operating on a 10-Year Lease with 10 Percent Rental Increases Every Five Years
  • Drive-Thru | Adds Value and Flexibility to Existing or Future Tenancy
  • Conveniently Located Just North of the 95th and Western Avenue Intersection | 59,200 Vehicles Passing per Day
  • Dense Area | Within Five Miles there is a Daytime Population of 486,290
  • High Visibility | Over 180 Feet of Frontage Along Western Avenue
  • Notable Major Retailers in the Area Include Whole Foods, Mariano’s, ALDI, Petco, PetSmart, TJ Maxx, Planet Fitness, ULTA, DSW, Starbucks and Many More
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Austin Weisenbeck
Senior Vice President Investments

Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
 
* Broker of Record: Steven Weinstock