2830 Us Highway 34 Oswego, IL 60543

This retail strip center is located at 2830-2834 US-34 in Oswego, Illinois. The 6,907 square foot building has been recently renovated and is fully occupied by three tenants: BiBiBoP, Sherwin-Williams, and Candy Cloud. All three tenants are operating under 10-year net leases that include attractive rental increases during the primary term and option periods. BiBiBop and Candy Cloud each have two 5-year renewal options with 10% increases every 5 years, while Sherwin-Williams has three 5-year renewal options with 10% increases every 5 years. The property is located directly along U.S. Route 34, a major arterial in the Chicago metro area, with a traffic volume of over 27,500 vehicles per day. It is an outparcel to Oswego Commons, a Target-anchored shopping center with 5.8 million annual visits. The Route 34 corridor contains over 2.2 million square feet of commercial space, with brands including Walmart, Office Max, TJ Maxx, Meijer, Michaels, The Home Depot, Best Buy, Burlington, ULTA Beauty, Kohl’s, Hobby Lobby, and Dick’s Sporting Goods. The property is near Fox Bend Golf Course and less than a 10-minute drive from Wolfs Crossing, which features major development projects. Approved plans will bring over 1800 units, featuring a mix of single-family, multi-family, townhome developments, and over 60 acres of commercial and green/open spaces.