Just Closed! Chase Bank and CD One Price Cleaner 2 Tenant Retail Center in South Holland, Illinois

Just Closed! Chase Bank and CD One Price Cleaner 2 Tenant Retail Center in South Holland, Illinois

Investment Overview:

Marcus & Millichap is pleased to offer for sale this JP Morgan
Chase Anchored Two Tenant free standing retail center located
at 350 East 162 Street in South Holland Illinois, just a short
20-minute drive to downtown Chicago.
The subject property consists of a 6,000 square foot retail space
with ample parking on a .57-acre parcel. Currently leased by
JP Morgan Chase and CD One Price Cleaners, this center is
strategically located at East 162 Street and South Park Avenue
with combined traffic counts in excess of 37,561 vehicles per
day. The immediate area benefits from over 256,400 full time
residences with a house hold income exceeding $79,000 per
year.
The subject property is situated in between a Panera anchored
Shopping center and a Walgreens. There are numerous National
and Regional retailers in the immediate area including UPS,
Burger King, Starbucks, Dunkin Donuts, T Mobile, State Farm
and MB Financial to name a few.

Investment Highlights:

■ Huge Deposit Increase Year Over Year – 27% Deposit
Increase from 2016 to 2019
■ Rare JP Morgan Chase Anchored Center
■ Over 256,400 Residents in the Market Area
■ Affluent Demographics: Average Household Income
Exceeds $79,000 in a One Mile Radius
■ Situated in between a Panera Bread Anchored Shopping
Center and Walgreens
■ Short 20 Minute Drive to downtown Chicago
■ CD One Cleaners – 33 Locations

 

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