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Single-Tenant Vacant-User

Downtown Former Grocery Store Redevelopment

300 S 2nd St, St. Charles, IL 60174

Listing Price: $5,200,000

Tenant Name
Grocer
Years Remaining On Lease
0.3
Gross SF
31,650
Guarantor
No Guarantee
Rentable SF
31,650
Price/Gross SF
$164.30
Lease Type
Single Net

Investment Overview

Marcus & Millichap is pleased to present a vacant downtown former grocery store redevelopment located in St. Charles, Illinois. Subject property is 31,650 square feet and was constructed in 2008. There is a large lot with approximately 80 surface spaces, three points of ingress/egress and an Italian restaurant outlot (not included). Subject Property is located in the heart of downtown St. Charles and two miles from downtown Geneva. There are an abundance of retailers surrounding subject property, including Geneva Commons only 2.2 miles away. Geneva Commons is home to more than 75 stores and has over 4.7 million visits annually. Attractive demographics surround the property, with an average household income exceeding $154,000, 102,851 residents, and 124,121 people working all within five miles.

Investment Highlights

  • Vacant Former Grocery Store Located in Downtown Saint Charles, Illinois | Fundamental Real Estate
  • Adjacent to First Street Plaza | Riverfront, Mixed-Use Properties Spanning Five Blocks
  • 31,650 Square Feet | 2008 Construction
  • 0.4 Miles from Arcada Theatre | Over 200 Live Concerts Each Year | 900 Seats
  • Possible City Incentives for Grocery Operators | Contact Agent for Details

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

Financing By

Single-Tenant Vacant-User

Downtown Former Grocery Store Redevelopment

Listing Price: $5,200,000

Tenant Name
Grocer
Years Remaining On Lease
0.3
Gross SF
31,650
Guarantor
No Guarantee
Rentable SF
31,650
Price/Gross SF
$164.30
Lease Type
Single Net

Investment Highlights

  • Vacant Former Grocery Store Located in Downtown Saint Charles, Illinois | Fundamental Real Estate
  • Adjacent to First Street Plaza | Riverfront, Mixed-Use Properties Spanning Five Blocks
  • 31,650 Square Feet | 2008 Construction
  • 0.4 Miles from Arcada Theatre | Over 200 Live Concerts Each Year | 900 Seats
  • Possible City Incentives for Grocery Operators | Contact Agent for Details

Investment Overview

Marcus & Millichap is pleased to present a vacant downtown former grocery store redevelopment located in St. Charles, Illinois. Subject property is 31,650 square feet and was constructed in 2008. There is a large lot with approximately 80 surface spaces, three points of ingress/egress and an Italian restaurant outlot (not included). Subject Property is located in the heart of downtown St. Charles and two miles from downtown Geneva. There are an abundance of retailers surrounding subject property, including Geneva Commons only 2.2 miles away. Geneva Commons is home to more than 75 stores and has over 4.7 million visits annually. Attractive demographics surround the property, with an average household income exceeding $154,000, 102,851 residents, and 124,121 people working all within five miles.

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

Financing By

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