3350-3364 Grand Ave Waukegan, IL 60085 For Sale $5,770,000

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Senior VP, Investment Sales
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Senior VP, Investment Sales
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3350 - 3364 Grand Ave Waukegan Illinois 60085

Building/Land Information
Property Type
Retail
Property Subtype
Retail
Lot Size Acres
3.53
3350-3364 Grand Ave Waukegan, IL 60085 For Sale $5,770,000
Sale Price Dollars
$5,848,000.00
Description
Modified NNN leases

Anchored by Davita Health Care Partners, Inc., a national credit tenant

Located in Waukegan, a North Chicago Suburb, on Grand Ave. just east of US 41 & west of Green Bay Rd.

High trafficked retail hub with Starbucks, Jewel-Osco, Walgreens & McDonalds

Excellent street exposure, easy access & abundant parking

Potential Upside with additional pad for development

Can be purchased with adjoining retail center with national tenants including Advance Auto, Dollar Tree & Sherwin Williams
Location Description
Waukegan, IL
  • DAVITA, INC. ANCHORED RETAIL CENTER VALUE ADD OPPORTUNITY | CHICAGO MSA 3350-3364 GRAND AVENUE, WAUKEGAN, IL
  • Area Retailers DAVITA, INC. ANCHORED RETAIL CENTER VALUE ADD OPPORTUNITY | CHICAGO MSA 3350-3364 GRAND AVENUE, WAUKEGAN, IL

Sale Information

Sale Description
Price: $5,770,000
Building Size: 42,980 SF
Property Type: Retail
Sale Highlights
• Anchored by Davita, Inc., a national credit tenant
• Original 15 Yr. Lease with 8 1⁄2 yrs. remaining
• A 12,500 SF pad for future development & added value
• Just west of Greenbay Rd. at high trafficked retail hub with Starbucks,
Jewel-Osco, Walgreens, McDonalds, Fifth Third Bank & Burger King
• Excellent street exposure, easy access & abundant parking
• Can be purchased with adjoining Waukegan Plaza retail center with
Advance Auto, Dollar Tree & Sherwin Williams
• (insert a link for the Waukegan Plaza MP)
Modified NNN leases
Anchored by Davita Health Care Partners, Inc., a national credit tenant
Located in Waukegan, a North Chicago Suburb, on Grand Ave. just east of US 41 & west of Green Bay Rd.
High trafficked retail hub with Starbucks, Jewel-Osco, Walgreens & McDonalds
Excellent street exposure, easy access & abundant parking
Potential Upside with additional pad for development
Can be purchased with adjoining retail center with national tenants including Advance Auto, Dollar Tree & Sherwin Williams
Property Use
Investment

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