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Shopping Strip

Advance Auto Anchored Center

420-434 E Lincoln Hwy, New Lenox, IL 60451

Listing Price: $5,245,287

Cap Rate
6.35%
Gross SF
12,744
Rentable SF
12,744
Price/Gross SF
$411.59
Lot Size
1.58 acres
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to present a 100 percent occupied center anchored by Advance Auto Parts with a newly extended 10-year lease. Advance Auto Parts has been a tenant since 2007 and Sports Clips has been at the center since 2011. Situated along Route 30, a major east-west thoroughfare, the property sees upwards of 28,375 vehicles passing daily. Additionally, Interstate 80 is two miles west with 89,750 vehicles passing and within a half-mile is the New Lenox Rock Island train station with 7,338,133 annual riders. The exceptional location benefits from the adjacent shopping center anchored by Walmart, as well as, the new development behind the center of the Landings Office Park/Prairie Trail at the Landings. The area is highly populated and has an average household income of $128,142 within three miles.

Investment Highlights

  • 100 Percent Occupied Retail Center Anchored by Advance Auto Parts | Net Leased Tenants
  • Advance Auto has been a Tenant Since 2007 and Sports Clips Since 2011
  • Situated Along Route 30, a Major East-West Thoroughfare
  • Directly Across from a Shopping Center Anchored by Walmart
  • Directly in Front of Multiple New Developments

Exclusively Listed By

Financing By

Shopping Strip

Advance Auto Anchored Center

Listing Price: $5,245,287

Cap Rate
6.35%
Gross SF
12,744
Rentable SF
12,744
Price/Gross SF
$411.59
Lot Size
1.58 acres
Year Built
2008

Investment Highlights

  • 100 Percent Occupied Retail Center Anchored by Advance Auto Parts | Net Leased Tenants
  • Advance Auto has been a Tenant Since 2007 and Sports Clips Since 2011
  • Situated Along Route 30, a Major East-West Thoroughfare
  • Directly Across from a Shopping Center Anchored by Walmart
  • Directly in Front of Multiple New Developments

Investment Overview

Marcus & Millichap is pleased to present a 100 percent occupied center anchored by Advance Auto Parts with a newly extended 10-year lease. Advance Auto Parts has been a tenant since 2007 and Sports Clips has been at the center since 2011. Situated along Route 30, a major east-west thoroughfare, the property sees upwards of 28,375 vehicles passing daily. Additionally, Interstate 80 is two miles west with 89,750 vehicles passing and within a half-mile is the New Lenox Rock Island train station with 7,338,133 annual riders. The exceptional location benefits from the adjacent shopping center anchored by Walmart, as well as, the new development behind the center of the Landings Office Park/Prairie Trail at the Landings. The area is highly populated and has an average household income of $128,142 within three miles.

Exclusively Listed By

Financing By

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