First Colonial Commons 820 Wheeling Rd

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the First Colonial Commons located at 820 Wheeling Road in Wheeling, Illinois (the “Property”). The Plaza contains 13,032 square feet of gross leasable area on a 1.33-acre corner parcel. First Colonial Commons is comprised of nine (9) units and is 46.36% occupied by several e-commerce resistant tenants and a complimentary mix of local businesses offering products and services for the surrounding community. The plaza offers significant upside through the lease up of the 6,990 square feet of vacant space spread over four (4) units ranging in size from 979 square feet to 2,996 square feet. First Colonial Commons is well-located at the signalized intersection of W Hintz Road and Wheeling Road, two of the area’s primary commercial and commuter corridors. The Property features excellent visibility and frontage and includes three points of access and ample parking. First Colonial Commons is positioned on the perimeter of a large industrial and business park, which houses over 800 businesses and employs tens of thousands of workers. The Property is also close to area schools and surrounded by densely populated residential neighborhoods that provide a built-in customer base. The Property offers convenient access to area highways and public transportation (municipal bus line and Metra Station). Wheeling is located approximately 25 miles northwest of Chicago’s Central Business District.