Overview
| Gross Leasable Area | 148,500 SF |
| Occupancy | 98% |
| Year Built | 2018 |
| Parking Spaces | 712 |
| Parking Ratio | 4.8 / 1,000 SF |
| Anchor Tenant | National Grocery |
| Price | Confidential |
| Cap Rate | 5.60% |
| Market | Chicago MSA |
Photos
Highlights
Lakeview Retail Center is a premier neighborhood shopping destination offering investors the opportunity to acquire a stabilized retail asset featuring a diverse mix of national and regional tenants. The property benefits from excellent visibility, strong consumer demographics, consistent traffic volumes, and long-term tenant demand. Its strategic suburban Chicago location, modern construction, and durable tenant mix position the asset for continued income stability and long-term appreciation.
Investment Highlights
- Institutional-Quality Neighborhood Retail Center
- Diverse National and Regional Tenant Mix
- Strong Historical Occupancy
- Stable Long-Term Cash Flow
- Excellent Visibility and Access
- Growing Consumer Trade Area
- High Barrier-to-Entry Retail Market
- Long-Term Appreciation Opportunity
Property Highlights
- 148,500 SF Retail Center
- National Credit Tenants
- Modern Storefront Architecture
- Excellent Parking Field
- Multiple Restaurant Outparcels
- Signalized Main Entrance
- High Visibility Corner Location
- Professional Property Management
Location Highlights
- Prime Chicago Suburban Trade Area
- Excellent Regional Highway Access
- Dense Residential Population
- High Household Incomes
- Strong Retail Sales Corridor
- Major Employment Centers Nearby
- Excellent Consumer Traffic Counts
- Growing Long-Term Demographics
Location
Lakeview Retail Center is strategically positioned along one of Chicago's highest-performing suburban commercial corridors, providing exceptional visibility, multiple signalized access points, and direct connectivity to surrounding residential neighborhoods. The property benefits from dense population, above-average household incomes, strong daytime employment, and consistent consumer traffic generated by nearby retail destinations, healthcare facilities, and corporate campuses.
- Immediate frontage on major commercial corridor
- High daily traffic counts
- Dense surrounding residential population
- Strong household incomes
- Multiple signalized access points
- Nearby national retailers and restaurants
More Than a Brokerage Firm, We’re Your Strategic Advisor.
At Greysteel, we move beyond the traditional brokerage model. We function as a true partner, offering comprehensive real estate investment services that align with your strategic objectives. Our focus is on building long-term relationships and delivering results that empower your success in a dynamic market.
