847-780-8063
4747 N Harlem Ave, Harwood Heights, IL for Sale
Retail - FOR SALE
1/5
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4747 N Harlem Ave
Harwood Heights, IL 60706


HIGHLIGHTS

  • At the 89% occupancy rate, the Property produces a NOI of approximately $1,222,733
  • Grocery anchored retail center featuring a strong mix of national and local retailers including Starbucks, Rich's Food & Liquor, & Oak Street Health
  • All 11 Tenants are on NNN leases
  • Neighboring retailers include Jewel-Osco, Mariano’s, ALDI, Angelo Caputo’s Fresh Market, Deli 4 You Market, Amazon Fresh, Kohl’s, and Nordstrom Rack

OVERVIEW

Holiday Plaza is a grocery anchored multi-tenant retail center located at the corner of the heavily trafficked signalized intersection at Lawrence Avenue & Harlem Avenue (41,600 VPD) in Harwood Heights, Illinois (Chicago MSA). The center totals 70,345 square feet and is currently 89% leased featuring tenants Starbucks, Rich’s Food & Liquors, Orangetheory Fitness, BioLife Plasma Services, and Oak Street Health, among others. At the 89% occupancy rate, the Property produces a Net Operating Income (NOI) of approximately $1,222,733. All 11 tenants are on NNN leases and nine (9) of the tenants have lease term into 2026 or beyond. The center features pylon signage at the corner of Lawrence Avenue & Harlem Avenue and a large on-site parking lot totaling 200 surface level spaces (4.09/1,000 SF). Additionally, the center is well located within a dense commercial corridor, approx. one (1) mile south of Interstate-90.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Plaza Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

B-2

APN/PARCEL ID

13-18-100-092-0000

ASK ABOUT THIS PROPERTY

Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

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Matt TarshisFrontline Real Estate PartnersMore Info
847-780-8063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.