1711 Ogden Ave, Downers Grove, IL
Retail for Sale - $1,070,000 - 3,551 Sq. Ft.


Property Info
CIMLS# | 964980 |
Location 1711 Ogden Ave Downers Grove IL 60515 | |
Updated | January 10th, 2018 |
Type | Retail |
Price | $1,070,000 |
Building | 3,551 Sq. Ft. |
Property Description
MERLIN | 8.1% Cap Rate
* Property is Situated in a Strong Dynamic Retail Corridor & Surrounded by National Tenants.
* Outstanding Frontage, Visibility, & Accessibility Hard Corner Site.
* Well-established long term tenant w/ an established customer-base in the marketplace at the location!!!
* Robust Traffic Counts of Over 36,000 VPD.
* Close proximity and easy interchangeable access to East/West Tollway I-88 (168,300 VPD) & North/South Tollway I-355 (139,500 VPD) which makes for easy access to and from the site.
* Over 269,070 People Living within 5 Mile Radius.
* Average Annual Household Income in Excess of $112,460 within 5 Mile Radius.
* Excellent retail synergy from other National Retailers include Dunkin' Donuts, Starbucks, Jewel-Osco, Walgreens, Steak N' Shake, Delta Sonic Car Wash, & Chase Bank to name a few.
* Close proximately to Downers North High School with over 2,000 students.
* Ample Residential Rooftops Surround the Site.
* Scheduled Rental Escalations.
* Minimal Landlord Responsibilities.
* Strong Corporate Guarantee.