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Ottawa Centre Portfolio

2 Retail Properties Offered at £4,408,250 in Ottawa, IL

Investment Highlights

  • Unlock additional value through lease-up of existing vacant ±8,400 SF and development of the remaining pad site.
  • NOI ±$444,000 at ±84% occupancy.
  • Adjacent to the recently developed OSF HealthCare Medical Office.

Executive Summary

Walmart shadow anchored ±51,446 SF multi-building in-line retail and pad site portfolio. Located within the greater Ottawa Centre development, a commercial hub for Ottawa, IL and surrounding communities, providing ample consumer traffic. Since it’s completed construction, Ottawa Centre has retained long-term strategic tenants, showcasing the viability of the site.

Property Facts

Price £4,408,250
Price / SF £85.69 / SF
Net Initial Yield 8.07%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 51,446 SF
Total Land Area 15.37 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
333-389 W Stevenson Rd, Ottawa, IL 61350 Retail 42,486 SF 2006 -
4036 Veterans Dr, Ottawa, IL 61350 Retail 8,960 SF 2012 -
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  • Listing ID: 34408757

  • Date on Market: 08/01/2025

  • Last Updated:

  • Address: Ottawa Centre Portfolio, Ottawa, IL

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