5-52 Countryside Plz | Countryside, IL 60525
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
5-52 Countryside Plz
Countryside, IL 60525
Countryside Plaza · Retail Property For Sale
Investment Highlights
- Excellent Visibility and Accessibility
- Expansive Trade Area Within a Dense In-Fill Suburban Location
- Leasing Momentum & Value-Add Opportunity
- Strong Performing and Tight Supplied Retail Sub-Market
- Traffic Generating Shadow Anchors - Home Depot and Floor & Decor
- National Credit Tenants Anchor Underlying Cash Flows:
Executive Summary
Qualified investors are extended the opportunity to acquire Countryside Plaza, a 95.4% leased, 203,994-square-foot open-air shopping center serving the affluent in-fill southwest suburban communities of the Chicago MSA. This Property features a diverse set of strong performing nationally recognized retailers such as Best Buy, Dollar Tree, Five Below, PetSmart, The Tile Shop, and JoAnn. According to placer.ai, this location ranks amongst the best nationally for several of the retailers who call Countryside Plaza home. Countryside Plaza sits directly north of the La Grange Road exit off Interstate 55, approximately 18 miles southwest of downtown Chicago. With limited vacancy at the intersection of Joliet Road and La Grange Road, the Property has experienced robust leasing activity when space has become available including a new 10-year lease with pOpshelf.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
203,994 SF
Building Class
B
Year Built
1992
NOI
£1,668,618
Percent Leased
98%
Tenancy
Multiple
Number of Floors
1
Loading Docks
4 Exterior
Building FAR
0.38
Lot Size
12.18 AC
Zoning
b-1 - “B-1” Retail Business District and within the La Grange Road Arterial Road Corridor (ARC) Overlay District
Parking
636 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
1,361 ft on S La Grange Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalised Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £2,858,279 | |
| Land Assessment | £1,075,921 | Total Assessment | £3,934,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,075,921
Improvements Assessment
£2,858,279
Total Assessment
£3,934,200
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
