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Spring Creek Plaza 2450 Route 12, Spring Grove, Illinois, 60081

 
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Verified : 2/3/2016 Sold

Spring Creek Plaza 2450 Route 12, Spring Grove, Illinois, 60081

$1,000,000.00   / ForSale

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Property Highlights

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$1,000,000.00
Sale Price:
$1,000,000.00
Price/SF:
Unlisted
CAP Rate (%):
Unlisted
NOI:
Unlisted
Net Lease:
Unlisted
Gross Leasable Area (SF):
Unlisted
Total Lot Size (SF):
Unlisted
Occupancy (%):
Unlisted
Population Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
19,100
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
Unlisted
Year Of Build:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/SF:
Unlisted
Parcel Number:
Unlisted
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted
Parking Ratio:
Unlisted
Parking Cost:
Unlisted
Mass Transit:
Unlisted
CAM:
Unlisted
Utilities:
Unlisted
Price Per Acre:
Unlisted
Divisible:
Unlisted
Divisible Min:
Unlisted
Divisible Max:
Unlisted
Property Taxes:
Unlisted

Property Description

Quantum Real Estate Advisors, Inc. ( QREA ) has been retained to exclusively offer for sale a 19,100 square foot multi-tenant retail building located at 2450 Route 12 in Spring Grove, IL. The site is 75% leased to a mix of national and local retailers, including: Dairy Queen (recently extended their lease for 9 years), Sprint, and Subway. The retail building is located along US Route 12 with traffic counts in excess of 12,000 vehicles per day. The property was built in 1994 and consists of approximately 2.57 acres of land.

Location Description

The subject property is located just east of the northeast corner of U.S. Route 12 and Spring Grove Road. Area retailers include: Jewel-Osco directly across the street, Walgreens, Chase Bank, and several local tenants surround the property as well. The area within a three-mile radius of the center has an average household income in excess of $93,000.