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14800 S Pulaski Rd
Midlothian, IL 60445

$995,000 USD

Storefront For Sale  •  10,800 SF

Property Details

  • Property Type Storefront
  • Total Building Size 10,800 SF
  • Lot Size 1.52 AC
  • Building Class B
  • Year Built 1952
  • Cap Rate 8.63 %
  • Tenancy Single
  • Zoning B-2
0 Transit Score
74 Walk Score

Highlights

10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel
Historical Occupancy: Over 10 years of historical occupancy and recently extended for an additional 5 years
Lease Structure: More than 3 years remaining on a double net lease with minimal landlord responsibilities
Built-in Rental Growth: Scheduled rental increases in each of the two remaining 5-year renewal options
Target Market: 86,300 residents within 5 miles with average household incomes in excess of $70,000
Excellent Connectivity: Just 1.5 miles from an I-294 exit, 20 miles from downtown Chicago, and 12 miles from Chicago Midway International Airport

Property Flyers

Cap Rate: 8.63 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar Tree 10,800 SF 1/31/2029

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Midlothian Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 10 min 0.5 mi
Robbins Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.1 mi
AirportDriveWalkDistance
Chicago Midway International 34 min - 15.1 mi
Chicago O'Hare International 45 min - 36.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap