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FOUR-TENANT GROCERY OUTLOT

$1,820,000 | 7.62%

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12801 South Harlem Avenue
Palos Heights, Illinois

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Under Contract

Features

  • Anchored by Lou Malnati’s Pizza and Outlot to Jewel-Osco Grocer (Albertsons) and Pharmacy
    • Lou Malnati’s has 64 Locations | Offers Popular Chicago Deep Dish Pizza
  • 100 Percent Occupied Center with Nationally Recognized Tenants including Jersey Mike’s and Great Clips
    • Net-Leased Tenants
    • All Tenants Have at Least Three Years Remaining on Term
    • Great Clips and Juiced by Shic have Annual Rental Increases
  • Located on Heavily Traveled North-South Thoroughfare, Harlem Avenue | 32,300 Vehicles Passing per Day
  • Affluent Area | Average Household Income Within One Mile is $139,824
  • Nearby Hospital, Several Schools, and Flea Market Generate Ample Traffic
    • Palos Hospital has 413 Beds
    • Swap-O-Rama Flea Market Generated an Average of 18,000 Visitors and 700 Vendors Each Weekend
    • Trinity Christian College has 1,175 Enrolled Students
    • Alan B Shepard High School has 1,753 Students
    • Palos East Elementary School has 634 Students
  • Abundance of Medical Offices Within Three Blocks Along Harlem Avenue
  • Situated Amongst Many National Retailers
    • Local Area Retailers Include Jewel-Osco, Dunkin’, Wendy’s, McDonald’s, Andy’s Frozen Custard, UPS, BP, and More

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com

* Broker of Record: Steven Weinstock IL:471.011175

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