Bank-Anchored Mixed-Use
1 E Merchants Dr Oswego, IL 60543
1 E Merchants Dr, Oswego, IL, 60543
Contact for pricing
For Sale
Contact for pricing
Three-story, fee-simple mixed-use property is anchored by Fifth Third Bank and LifeStance Health on a signalized corner lot.
Property Size13,548 SF
Lot Size1.14 Acres
Days on Market100
Property Features for 1 E Merchants Dr
General Information
- Standard status
- Active
- Size
- 13,548 SF
- Lot size
- 1.14 Acres
- Property subtype
- Mixed Use, Office, Retail
Listing agency
Northmarq Capital, LLC
Listed by
Drew Neems · License #IL475173395
Source
Crexi
Added: Apr 13 Updated: Jul 20 at 4:46PM Checked: Jul 21 at 7:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
Exclusively offered fee simple mixed-use property anchored by Fifth Third Bank and LifeStance Health. The 3-story building totals 11,348 rentable square feet, with an additional 2,200 SF of leaseable space in the lower level, all situated on a 1.14 AC lot. The property is over 99% leased to a mix of medical and professional tenants.
Fifth Third occupies the ground floor and is fully built out with four drive-through lanes and one ATM drive-lane. LifeStance Health is located on the third floor. The ground-floor lease includes 7+ years remaining with rental escalations of 10% every 5 years of the primary term and each of the five 5-year options. LifeStance Health signed an early 5-year extension with 2% annual rental increases.
The property is positioned on a signalized hard-corner intersection with access off E Merchants Dr, located right off U.S. Hwy 30 within a plaza that also includes 7-Eleven, Splash Car Wash, and Fox Valley Credit Union. The surrounding retail corridor features several national tenants, with the asset itself directly benefiting from the established mixed retail and banking environment.
Fifth Third occupies the ground floor and is fully built out with four drive-through lanes and one ATM drive-lane. LifeStance Health is located on the third floor. The ground-floor lease includes 7+ years remaining with rental escalations of 10% every 5 years of the primary term and each of the five 5-year options. LifeStance Health signed an early 5-year extension with 2% annual rental increases.
The property is positioned on a signalized hard-corner intersection with access off E Merchants Dr, located right off U.S. Hwy 30 within a plaza that also includes 7-Eleven, Splash Car Wash, and Fox Valley Credit Union. The surrounding retail corridor features several national tenants, with the asset itself directly benefiting from the established mixed retail and banking environment.
Key Highlights
- Fee‑simple, 3‑story mixed‑use property at 1 E Merchants Dr, Oswego, IL, with 11,348 RSF plus 2,200 SF of lower‑level leaseable space.
- Over 99% leased with a medical/professional tenant mix anchored by Fifth Third Bank and LifeStance Health.
- Fifth Third Bank lease: ground‑floor space fully built out with four drive‑through lanes and one ATM drive‑lane; 7+ years remaining with 10% rent escalations every 5 years plus five 5‑year options.
Property Analytics
Location Intelligence
Current Use by Public Records
Fox Valley Fixers
General Contractor
Kelly M. Fixmer, ...
Physician
Raul Arambula, Counselor
Mental Health Service
M A
Family Counselor
Insure1st, Inc.
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-story, fee-simple mixed-use property is anchored by Fifth Third Bank and LifeStance Health on a signalized corner lot.
Where is this mixed-use property located?
The property is located at 1 E Merchants Dr Oswego, IL.
What are key features of this property?
This property features: Fee‑simple, 3‑story mixed‑use property at 1 E Merchants Dr, Oswego, IL, with 11,348 RSF plus 2,200 SF of lower‑level leaseable space.; Over 99% leased with a medical/professional tenant mix anchored by Fifth Third Bank and LifeStance Health.; Fifth Third Bank lease: ground‑floor space fully built out with four drive‑through lanes and one ATM drive‑lane; 7+ years remaining with 10% rent escalations every 5 years plus five 5‑year options.
