Bank-Anchored Mixed-Use
For Sale
Contact for pricing
1 E Merchants Dr, Oswego, IL 60543
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 Market142
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
Site & Location
Traffic Count
22,346 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Northmarq Capital, LLC
Listed By:
Drew Neems · License #IL475173395
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last 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
Property Profile
Current Use
Lease Details
22,346 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 77%
Dining 23%
Blain's Farm & Fleet
Apparel
40,421 visits/mo
0.3 miles
Dunkin' Donuts
Dining
12,158 visits/mo
0.4 miles
Demographics for 60543, IL
40,299
Population
14,327
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
41.9 sq mi
ZIP Area
962
Density / Sq Mi
$116,507
Median Household Income
$54,783
Median Earnings
$1,558
Median Rent
$319,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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.
