Shopping Strip
Grand Hunt Center Outlot
6557 Grand Ave, Gurnee, IL 60031
Listing Price: Request For Offer
Investment Overview
Marcus and Millichap is pleased to exclusively offer Grand Hunt Center, a 100% occupied outlot to a super-regional center. This four-tenant outparcel is 100% occupied by all national tenants, including Dollar Tree, McAlister’s Deli, Helzberg Diamonds, and T-Mobile, and is adjacent to the most visited outlet mall in Illinois, Gurnee Mills. Gurnee Mills had approximately 5.1 million visits in the last 12 months. This property has a 6.2-year WALT and below-market rents with upside potential. It is conveniently situated on an irreplaceable retail intersection seeing 64,000 vehicles per day. This center is an outlot to a major shopping center with many notable tenants, including Target, Home Depot, Mariano’s, Jewel-Osco, Best Buy, T.J. Maxx, Ulta Beauty, and more. Affluent demographics surround subject property with an average household income of $154,000 within one mile. The site is institutionally managed and is in excellent condition. The roofing was replaced in 2014 and it is under warranty through September 2034.
Investment Highlights
- 100% Occupied Outlot to Super Regional Center with a Strong Tenant Mix of All National Tenants
- Outlot to Major Shopping Center | Notable Tenants Include Target, The Home Depot, Mariano's, Jewel-Osco, Best Buy, T.J. Maxx, Ulta Beauty, Michaels, and More
- Situated Right Off of Extremely Heavily Traveled, Stop Light Intersection | 64,800 Vehicles per Day
- Average Household Income of $154k Within One Mile | $143k Within Three Miles
- Super Regional Trade Zone | Adjacent to Most Visited Outlet Mall in Illinois
- 6.2 Year WALT | Below Market Rents with Upside
- Institutionally Managed | Site in Excellent Condition
- Adjacent to the Most Visited Outlet Mall in Illinois | Gurnee Mills
Listing Price: Request For Offer
Investment Highlights
- 100% Occupied Outlot to Super Regional Center with a Strong Tenant Mix of All National Tenants
- Outlot to Major Shopping Center | Notable Tenants Include Target, The Home Depot, Mariano's, Jewel-Osco, Best Buy, T.J. Maxx, Ulta Beauty, Michaels, and More
- Situated Right Off of Extremely Heavily Traveled, Stop Light Intersection | 64,800 Vehicles per Day
- Average Household Income of $154k Within One Mile | $143k Within Three Miles
- Super Regional Trade Zone | Adjacent to Most Visited Outlet Mall in Illinois
- 6.2 Year WALT | Below Market Rents with Upside
- Institutionally Managed | Site in Excellent Condition
- Adjacent to the Most Visited Outlet Mall in Illinois | Gurnee Mills
Investment Overview
Marcus and Millichap is pleased to exclusively offer Grand Hunt Center, a 100% occupied outlot to a super-regional center. This four-tenant outparcel is 100% occupied by all national tenants, including Dollar Tree, McAlister’s Deli, Helzberg Diamonds, and T-Mobile, and is adjacent to the most visited outlet mall in Illinois, Gurnee Mills. Gurnee Mills had approximately 5.1 million visits in the last 12 months. This property has a 6.2-year WALT and below-market rents with upside potential. It is conveniently situated on an irreplaceable retail intersection seeing 64,000 vehicles per day. This center is an outlot to a major shopping center with many notable tenants, including Target, Home Depot, Mariano’s, Jewel-Osco, Best Buy, T.J. Maxx, Ulta Beauty, and more. Affluent demographics surround subject property with an average household income of $154,000 within one mile. The site is institutionally managed and is in excellent condition. The roofing was replaced in 2014 and it is under warranty through September 2034.

