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7221-7401 Lemont Rd

Downers Grove, IL 60516

 

Unknown For Lease  •  2,500+ Sq Ft

Property Details

  • Property Type Unknown
  • Year Built 1998
  • Total Building Size 279,880 Sq Ft
24 Transit Score
57 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 018 Retail 2,500 Sq Ft  
  • Date available: Immediate
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet

Property Flyers

1st Floor Ste 023 Retail 6,000 Sq Ft  
  • Date available: Immediate
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet

Property Flyers

1st Floor Ste 001 Retail 12,000 Sq Ft  
Diverse roster of national co-tenants representing a variety of uses including: grocery, fashion, financial, health/beauty, etc.
Well situated along the bustling retail corridor on 75th Street: the primary shopping destination serving the Downers Grove and neighboring Darien and Woodridge communities. Highly visible site located at a signalized intersection featuring monument signage with heavy daytime traffic on 75th Street and Lemont Road (more than 64,000 CPD combined)

  • Date available: Immediate
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet

Property Flyers

Description

Downers Park Plaza is a 265,000 square foot Class A shopping center located in a regional retail corridor in the Downers Grove, IL

The center is anchored by Best Buy, TJ Maxx, Homegoods, Shop & Save, Old Navy, and Party City. PMAT aqcuired this asset in an off-market transaction at 89% occupancy from a national REIT tht is exiting this market, representing a great value-add opportunity for a quality center widely regarded as the dominant center in the submarket.

?Downers Park Plaza is located in a strong regional location along the 75th Street retail corridor, the primary shopping destination serving the Downers Grove and neighboring Darien and Woodridge communities, with great visibility at a signalized intersection with traffic on 75th St and Lemont Rd (more than 61,000 VD).

Demographics in the area are strong with over 100,000 people living in a 3 mile radius earning average incomes of over $100,000. In a 5 mile radius there are 231,000 people with average incomes around $112,000.

Highlights

Highly visible site located at a signalized intersection featuring monument signage with heavy daytime traffic on 75th St and Lemont Rd
Consistent dense and moneyed demographics with incomes over $100,000 in 1, 3, and 5 mile radius
Strong regional location along the 75th St retail corridor, the primary shopping destination serving the Downers Grove and neighboring Darien and Wood

Property Flyers

Amenities

  • Banking
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Major Tenants

Tenant SF Occupied Lease End Date
Best Buy
Old Navy
Party City Retail Group
Shop & Save Market
TJ Maxx
Benedikt Bolz 504-402-1645 PMAT Acquisition, LLC
Benedikt Bolz 504-402-1645 PMAT Acquisition, LLC