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Shopping Strip

Antioch Crossing

417 W Il Rte 173, Antioch, IL 60002

Listing Price: $4,380,000

Cap Rate
8.00%
Gross SF
21,723
Rentable SF
21,723
Price/Gross SF
$201.63
Lot Size
3.34 acres
Year Built
2004

Investment Overview

This med-tail center is 81 percent occupied and features a strong mix of national and service-based tenants, including T-Mobile, Great Clips, Doctors of Physical Therapy, and L.A. Tan. All but one tenant operates under a net lease, with seven tenants benefiting from scheduled rental increases. Positioned as an outlot to a high-traffic Walmart Supercenter with 2.1 million annual visitors and a Menards with 670,000 annual visitors, the property offers significant exposure and foot traffic. There is an opportunity to add value by leasing the remaining three suites, totaling 4,170 square feet. Strategically located at a signalized intersection with strong traffic counts and surrounded by national retailers, the property enjoys excellent visibility and accessibility, and is supported by a dense, affluent demographic with an average household income of $125,890 within a five-mile radius.

Investment Highlights

  • 81 Percent Occupied Med-Tail Center | Healthy Mix of National and Service-Based Tenants
  • Outlot to Menards and Walmart Supercenter
  • Opportunity to Add Value by Leasing the Remaining Three Suites Totaling 4,170 Square Feet
  • All but One Tenant Operate Under a Net Lease
  • Seven Tenants have Scheduled Rental Increases Ranging from 1 Percent to 12 Percent
  • Accessible from the Signalized Intersection with 14,500 Vehicles Passing Daily
  • Average Household Income of $125,890 Within a Five Mile Radius of the Subject Property

Exclusively Listed By

Financing By

Shopping Strip

Antioch Crossing

Listing Price: $4,380,000

Cap Rate
8.00%
Gross SF
21,723
Rentable SF
21,723
Price/Gross SF
$201.63
Lot Size
3.34 acres
Year Built
2004

Investment Highlights

  • 81 Percent Occupied Med-Tail Center | Healthy Mix of National and Service-Based Tenants
  • Outlot to Menards and Walmart Supercenter
  • Opportunity to Add Value by Leasing the Remaining Three Suites Totaling 4,170 Square Feet
  • All but One Tenant Operate Under a Net Lease
  • Seven Tenants have Scheduled Rental Increases Ranging from 1 Percent to 12 Percent
  • Accessible from the Signalized Intersection with 14,500 Vehicles Passing Daily
  • Average Household Income of $125,890 Within a Five Mile Radius of the Subject Property

Investment Overview

This med-tail center is 81 percent occupied and features a strong mix of national and service-based tenants, including T-Mobile, Great Clips, Doctors of Physical Therapy, and L.A. Tan. All but one tenant operates under a net lease, with seven tenants benefiting from scheduled rental increases. Positioned as an outlot to a high-traffic Walmart Supercenter with 2.1 million annual visitors and a Menards with 670,000 annual visitors, the property offers significant exposure and foot traffic. There is an opportunity to add value by leasing the remaining three suites, totaling 4,170 square feet. Strategically located at a signalized intersection with strong traffic counts and surrounded by national retailers, the property enjoys excellent visibility and accessibility, and is supported by a dense, affluent demographic with an average household income of $125,890 within a five-mile radius.

Exclusively Listed By

Financing By

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