Marcus & Millichap presents this 42,600-square foot, single-tenant retail building in Calumet City, Illinois, a mature, southern suburb of Chicago.

This property has been fully leased since its original construction in 1993. The Sport's Authority, the guarantor of the lease, is currently subleasing the space to Wickes Furniture. The original corporate-backed lease expires on 11/30/2013. The site affords its tenant excellent frontage along 159th Street in a concentrated retail trade area. The subject property co-anchors a shopping center with Target and is adjacent to the River Oaks Plaza West and the River Oaks Regional Shopping Mall, which are home to a number of national retailers and restaurants, such as Macy's, Sears, Carson Pirie Scott, JC Penney, Michael's, Marshalls, and Bed Bath & Beyond, to name a few.

This is an opportunity for an investor to acquire a well-located, well maintained asset for below replacement cost. A new owner can add value by striking a long-term lease with a new tenant, while having the security of having guaranteed rental income until 11/30/2013.