Grocery Retail Center for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30051091
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Retail-Pad, Street Retail, Other
Building Size (RSF): 50,840 SF
Gross Building Area: See Agent
Sale Price: $1,620,000
Unit Price: $31.86 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2017

Overview / Comments

<< Full Service Grocery Store, former Certified Warehouse Foods
<< Other tenants of property include wig store, variety store, laundry and liquor store
<< Steps from Downtown Joliet, Harrah's Casino, Joliet Central HS, Will County
Judicial Center, Joliet Slammers Baseball Stadium
<< No large grocery competition nearby
<< 7 truck level doors for grocery, plus 1 for variety store
<< Zoned B-1
City of Joliet eager to discuss various development proposals.
City and federal incentives available, contact brokers for details
Rezoning potential exists; unique development opportunity for variety of uses
2015 Taxes: $31,061.28
Contact: Andy Velkme, CIPS: 312-203-8441 or Lettie Burne: 708-337-1975

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,321 91,166 178,615
Median Age: 28.18 32.83 34.81
Households: 8,190 31,434 62,312

Contact

Photograph of Listing Agent

William J. Caton

Caton Commercial ICEx Member
Photograph of Listing Agent

Andy Velkme

Caton Commercial Not a member of ICEx
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