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Shopping Strip

Advance Auto Parts Anchored Center

660 W Il Rte 173, Antioch, IL 60002

Listing Price: $2,899,949

Cap Rate
7.50%
Gross SF
19,810
Rentable SF
19,810
Price/Gross SF
$146.39
Lot Size
1.75 acres
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to present a two-building shopping center anchored by Advanced Auto Parts. There is a healthy mix of service-based tenants. Other major tenants in the strip include Domino’s Pizza, Marine Corps Recruiting, and Parkway Bank. This strip comes with the opportunity to add value by leasing the remaining 1,715 vacant square feet. Parkway Bank has been in this center since 2006 and Advance Auto Parts and Domino’s have both occupied space here for over 10 years. This strip is located on the heavily traveled Illinois Route 173, seeing almost 16,000 VPD. It is highly visible with 337 feet of unobstructed frontage. It is conveniently situated one mile from the Antioch Metra Station. The North Central Service Metra Route has an annual ridership of 1,589,905 and provides direct access to downtown Chicago, O’Hare International Airport, and many suburbs. There are many retailers in close proximity, including Jewel-Osco, CVS, and ACE Hardware right across the street from subject property. There are also an abundance of schools nearby, including Antioch Upper Grade School and W.C. Petty Elementary School less than a mile away with over 1,300 students combined. Antioch Community High School is 1.3 miles away and has 1,313 students.

Investment Highlights

  • 91% Occupied Advance Auto Parts Anchored Shopping Center
  • Strip Includes Global Tenant Domino's Pizza, National Tenant Marine Corps Recruiting, and Regional Tenant Parkway Bank
  • Long Term Tenancy | Parkway Bank has been in This Center Since 2006 | Advance Auto Parts and Domino's have Occupied Space for Over 10 Years
  • Located on the Heavily Traveled Illinois Route 173 | Nearing 16,000 Vehicles Passing per Day | 337 Feet of Frontage
  • Situated One Mile from the Antioch Metra Station | North Central Service (NCS) Metra Route | 1,589,905 Annual Ridership
  • Jewel-Osco, CVS, and ACE Hardware are Located Directly Across the Street from Subject Property
  • .8 Miles from Antioch Upper Grade School and W.C. Petty Elementary School | 1,342 Students Combined

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Shopping Strip

Advance Auto Parts Anchored Center

Listing Price: $2,899,949

Cap Rate
7.50%
Gross SF
19,810
Rentable SF
19,810
Price/Gross SF
$146.39
Lot Size
1.75 acres
Year Built
1996

Investment Highlights

  • 91% Occupied Advance Auto Parts Anchored Shopping Center
  • Strip Includes Global Tenant Domino's Pizza, National Tenant Marine Corps Recruiting, and Regional Tenant Parkway Bank
  • Long Term Tenancy | Parkway Bank has been in This Center Since 2006 | Advance Auto Parts and Domino's have Occupied Space for Over 10 Years
  • Located on the Heavily Traveled Illinois Route 173 | Nearing 16,000 Vehicles Passing per Day | 337 Feet of Frontage
  • Situated One Mile from the Antioch Metra Station | North Central Service (NCS) Metra Route | 1,589,905 Annual Ridership
  • Jewel-Osco, CVS, and ACE Hardware are Located Directly Across the Street from Subject Property
  • .8 Miles from Antioch Upper Grade School and W.C. Petty Elementary School | 1,342 Students Combined

Investment Overview

Marcus & Millichap is pleased to present a two-building shopping center anchored by Advanced Auto Parts. There is a healthy mix of service-based tenants. Other major tenants in the strip include Domino’s Pizza, Marine Corps Recruiting, and Parkway Bank. This strip comes with the opportunity to add value by leasing the remaining 1,715 vacant square feet. Parkway Bank has been in this center since 2006 and Advance Auto Parts and Domino’s have both occupied space here for over 10 years. This strip is located on the heavily traveled Illinois Route 173, seeing almost 16,000 VPD. It is highly visible with 337 feet of unobstructed frontage. It is conveniently situated one mile from the Antioch Metra Station. The North Central Service Metra Route has an annual ridership of 1,589,905 and provides direct access to downtown Chicago, O’Hare International Airport, and many suburbs. There are many retailers in close proximity, including Jewel-Osco, CVS, and ACE Hardware right across the street from subject property. There are also an abundance of schools nearby, including Antioch Upper Grade School and W.C. Petty Elementary School less than a mile away with over 1,300 students combined. Antioch Community High School is 1.3 miles away and has 1,313 students.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

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