Shopping Strip

Grocery Shadow Anchored Shopping Center Oswego IL

3425 Orchard Rd, Oswego, IL 60543

Listing Price: $3,700,000

Cap Rate
5.96%
Gross SF
8,720
Rentable SF
8,720
Price/Gross SF
$424.31
Year Built
2019

Investment Overview

Marcus & Millichap as exclusive advisor, is pleased to present for sale a newly developed 8720 square foot 5 tenant retail center in Oswego IL. The Property consists of a approximately 1.63 acre outlot to a Jewel /Osco Grocery / Drug Store on Orchard Road in Oswego, IL. The site sits just north of the intersection of Orchard Road and Illinois State Road 34 which is a major east and west commercial corridor where the combined traffic counts are in excess of 29,400+ vehicles-per-day. Signage and frontage visibility are excellent to Orchard Road.

Five 100% Essential, Internet Resistant, quality tenants who have all been open and paying rent during the Covid Outbreak occupy the property. All tenants are subject to a triple-net leases.
The property is currently 100 percent occupied with a mix of national, regional and local tenants. Tenants within the subject property include, UPS Store, Great Clips, Girl Scouts of N Illinois, IVF1 Fertility Center, and Lavish Nail Salon.

All of these tenants are on full reimbursement triple net lease structure. With 100% of the rent roll not rolling over until after 2022, the center offers investors a unique opportunity to purchase a shopping center in the growing community of Oswego IL where the population has doubled since the 2010 census.

Investment Highlights

  • Five 100% Essential, Internet Resistant, quality tenants with NNN leases.
  • All tenants have been open and paying rent during the Covid Outbreak.
  • The property is currently 100 percent occupied national, regional and local tenants.
  • Jewel Grocery / Osco Drugs is a major traffic generator for the property.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    License(s): IL: 471.011175

    Illinois

Financing By

Shopping Strip

Grocery Shadow Anchored Shopping Center Oswego IL

Listing Price: $3,700,000

Cap Rate
5.96%
Gross SF
8,720
Rentable SF
8,720
Price/Gross SF
$424.31
Year Built
2019

Investment Highlights

  • Five 100% Essential, Internet Resistant, quality tenants with NNN leases.
  • All tenants have been open and paying rent during the Covid Outbreak.
  • The property is currently 100 percent occupied national, regional and local tenants.
  • Jewel Grocery / Osco Drugs is a major traffic generator for the property.

Investment Overview

Marcus & Millichap as exclusive advisor, is pleased to present for sale a newly developed 8720 square foot 5 tenant retail center in Oswego IL. The Property consists of a approximately 1.63 acre outlot to a Jewel /Osco Grocery / Drug Store on Orchard Road in Oswego, IL. The site sits just north of the intersection of Orchard Road and Illinois State Road 34 which is a major east and west commercial corridor where the combined traffic counts are in excess of 29,400+ vehicles-per-day. Signage and frontage visibility are excellent to Orchard Road.

Five 100% Essential, Internet Resistant, quality tenants who have all been open and paying rent during the Covid Outbreak occupy the property. All tenants are subject to a triple-net leases.
The property is currently 100 percent occupied with a mix of national, regional and local tenants. Tenants within the subject property include, UPS Store, Great Clips, Girl Scouts of N Illinois, IVF1 Fertility Center, and Lavish Nail Salon.

All of these tenants are on full reimbursement triple net lease structure. With 100% of the rent roll not rolling over until after 2022, the center offers investors a unique opportunity to purchase a shopping center in the growing community of Oswego IL where the population has doubled since the 2010 census.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    License(s): IL: 471.011175

    Illinois

Financing By

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