630-573-7075
1101 S Canal St, Chicago, IL for Sale
Retail - FOR SALE
1/7
null | Request Cap Rate

1101 S Canal St
Chicago, IL 60607
South Loop


HIGHLIGHTS

  • Dominant Grocer Anchor — Whole foods
  • Strong Tenant Retention, Backed by Strong Performing National Anchor Tenants
  • Potential Value-Add Opportunities
  • South Loop Retail Corridor — Must Have Location
  • Dense Urban Infill with Robust Demographics & Convenient Access
  • Abundant Parking with Opportunity to Increase Revenue

OVERVIEW

??????????????CBRE is pleased to offer Southgate Market, the dominant 303,810-square-foot grocery-anchored shopping center in Chicago’s South Loop neighborhood. Southgate Market is anchored by Whole Foods, one of the most desired grocers by both consumers and investors. Whole Foods has a long history of success at this location and recently executed a 10-year early extension demonstrating its long-term commitment to this location with 14 years of term remaining. The grocer is complemented by a premier, high-quality tenant lineup of national retailers including LA Fitness, Marshall’s, PetSmart, DSW, and University of Chicago Medicine. At 78.8% occupied, investors are offered a value-add opportunity by acquiring a high-performing grocery-anchored asset with stable cash flows as a result of the high-quality tenant lineup and an irreplaceable urban location in Chicago’s fastest-growing neighborhood.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southgate Market

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

1170

LAND DETAILS

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

-

APN/PARCEL ID

17-16-334-009-0000

ASK ABOUT THIS PROPERTY

630-573-7075

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630-573-7075

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