North Avenue Outlot Opportunities

3800 E Main Street St Charles, IL 60174

3800 E Main Street, St Charles, IL, 60174
3800 E Main Street, St Charles, IL, 60174
FOR LEASE
Property Type:
Regional Center
Last Verified:
Feb 26, 2021

Highlights

  • Anchored by Extremely Successful Von Maur, Classic Cinemas, Cooper's Hawk Winery, and Starbucks
  • Full Access to Main St (North Ave / IL 64) via two Signaled Intersections
  • Trade Area Population Exceeding 500,000
  • Approximately 35,000 VPD on Main St. Additional 23,000 VPD on Kirk Rd and 8,000 VPD on Kautz Rd
  • Main St (IL Rt 64/North Ave) recently expanded to 6 lanes from this project east to the City of Chicago

Description

OUTLOT OPPORTUNITIES:
Multiple Outlot opportunities along Main St (North Ave / IL Route 64) on the east side of St Charles. Opportunities include five pad sites with excellent frontage and full access to Main St via two signaled intersections. Multiple drive thru opportunities available. Outlots are anchored by extremely successful Von Maur, Classic Cinemas, Cooper's Hawk Winery, and Starbucks

Future plans for onsite apartments and townhomes along with new retail, restaurant, and entertainment as part of comprehensive redevelopment of the site .

LOCATION AND MARKET OVERVIEW:
The project is located on the east side of St Charles in one of the most affluent trade areas in west suburban Chicago including more than 500,000 residents in central Kane and DuPage Counties. In addition to strong project anchors, the local retail market features Super Target, Jewel-Osco, Walmart Supercenter, and a myriad of national retail tenants.

The project is further supported by Pheasant Run Resort and convention center, along with eight national hotel chains, St. Charles East High School, East Gate Industrial Park, and Dupage County Airport.

Building Size: 350000sq ft
Lot Size: 0 acres

Units for Lease

PAD C-1
Space Available: 6500 SF
Lease Type:
PAD C-2
Space Available: 6000 SF
Lease Type:
PAD D-2
Space Available: 6500 SF
Lease Type:
PAD D-3
Space Available: 3100 SF
Lease Type:
PAD D5 - 4,500 SF
Space Available: 4500 SF
Lease Type:

Map of 3800 E Main Street, St Charles, IL, 60174

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.