8066-8100 W. 111th Street, Palos Hills, IL
Retail for Sale - $775,000 - 20,910 Sq. Ft. on 1.83 acres

Property Info
| CIMLS# | 971799 |
| Location 8066-8100 W. 111th Street Palos Hills IL 60465 | |
| Updated | January 5th, 2018 |
| Type | Retail |
| Price | $775,000 |
| Building | 20,910 Sq. Ft. |
| Land | 1.83 acres |
Property Description
21,000 square foot neighborhood center, located along 111th Street directly across from Stagg High School and just one (1) mile west of Moraine Valley Community College, in Palos Hills. The center is currently 54% leased by a strong mix of Tenants including LA Tan, Palos Pantry, Building Blocks Daycare, Ultimate Driving School, and Able Garage Doors. LA Tan has leased at the center since 2002 and Palos Pantry has leased since 2011. Dual sided pylon signage fronting 111th Street provides visibility and exposure to nearly 11,000 VPD. Neighboring national retailers include Walgreens, CVS/Pharmacy, Dunkin' Donuts, McDonald's, and Taco Bell, among others. Excellent purchase opportunity with income in-place along with with value-add potential through lease up.
Location Description:
Located along the north side of 111th Street, just west of Roberts Road, in Palos Hills. Stagg high school is located directly across the street. Moraine Valley Community College is located approximately one (1) mile to the west. Nearly 11,000 VPD along 111th Street.
Highlights:
>> 21,000 square foot neighborhood center well located along 111th Street, directly across the street from Stagg High School and just one (1) mile west of Moraine Valley Community College, in Palos Hills
>> LA Tan has leased at the center since 2002 and Palos Pantry since 2011
>> Excellent purchase opportunity with value-add potential through lease up ($65,000+ NOI)
>> Dual sided pylon signage fronting 111th Street provides visibility and exposure to nearly 11,000 VPD
>> Neighboring national retailers include Walgreens, CVS, Dunkin Donuts, McDonald's, and Taco Bell, among others.
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