Atrium Point

1938 E LINCOLN HWY STE 101 NEW LENOX, IL 60451

NEW LENOX
FOR SALE
Property Type:
Free Standing Building
Amount:
$13,500,000
Last Verified:
Jun 23, 2023

Highlights

  • 7.10% CAP RATE
  • STOREFRONT RETAIL AND OFFICE
  • 90% OCCUPANCY
  • BUILT IN 2005 | CLASS A MIX-USE
  • SIGNALIZED CORNER | LINCOLN HWY & LINCOLNWAY ROAD | 34,179 VPD
  • 220 +/- SURFACE PARKING SPOTS
  • CLOSE PROXIMITY TO ILLINOIS PUBLIC TRANSPORTATION AND RAIL
  • QUICK ACCESS TO I-80
  • AFFLUENT NEIGHBORHOOD | $148k+ AVERAGE HOUSEHOLD INCOME IN 5-MILE RADIUS
  • BUILDING AMENITIES: 2 MONUMENT SIGNS, BANK WITH 3 DRIVE THRU LANES, MULTIPLE ENTRANCES & ELAVATORS
  • NUMEROUS NATIONAL RETAILERS NEARBY: WALMART, LOWES, TARGET, UPS STORE, CHIPOTLE, GAME STOP, STARBUCKS, FIVE GUYS, HUNTINGTON BANK, CHILI’S, WALGREENS, FEDEX, CHASE, ALDI, PETCO, DUNKIN DONUTS, TJ MAX, MICHAEL’S, GNC. AND MANY MORE.

Description

A promising investment opportunity! Strategically located in a thriving and growing community, with easy access to major transportation routes, a large customer base, and a solid track record of financial performance.

New Lenox | Central Will County | Illinois.


Year Built: 2005
Building Size: 63404sq ft
Lot Size: 3.89 acres

Map of 1938 E LINCOLN HWY STE 101, NEW LENOX, IL, 60451

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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