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Dollar Tree Retail Space with Short-Term Lease
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261 South Weber Road, Romeoville, IL 60446

Dollar Tree retail space built in 2011 offered with a short-term lease with no options.

Property Size10,000 SF
Price / SF$162.50
Days on Market98

Property Features for 261 South Weber Road

General Information

Standard status Active
Size 10,000 SF
Property subtype Retail
Lease Type NN
Investment Type Net Lease
Net Operating Income $130,000

Building Details

Year Built 2011
Tenancy Single
Listing Agency: Stream Capital Partners
Listed By: Graham Gold · License #475164964
Source: Crexi
Added: Jul 27 Changed: Oct 25 Last Checked: Nov 1 at 3:14AM

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 Stream Capital Partners

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Investment Insights

Based on property information with market context.

Dollar Tree retail space offered with a short-term lease with no options. The property is a purpose-built retail asset with a 2011 year built.

Located at 261 South Weber Road in Romeoville, Illinois, the site provides a dedicated retail facility suited for a tenant looking for an uncomplicated lease structure. With an approximate 10,000 total property size, it supports typical retail operations.

This offering is structured for retailers seeking short-term occupancy rather than extended tenancy options.

Key Highlights

  • Dollar Tree retail space
  • Short‑term lease with no options
  • Approx 10,000 property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$119,493
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,389,860 $2.4M
Cap Rate 7%
$1,707,043 $1.7M
Cap Rate 9%
$1,327,700 $1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$170.4K $17.04/SF
− Vacancy
−$11.1K −$1.11/SF
EGI
$159.3K $15.93/SF
− OpEx
−$39.8K −$3.98/SF
NOI
$119.5K $11.95/SF
Area
Will County, IL
Vacancy
6.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,389,860
Cap Rate 7%
$1,707,043
Cap Rate 9%
$1,327,700

Alternative Uses

Best Use
Specialty Retail
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,493 @ 7.0% cap · market cap 7.35%
Second Best
Retail
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,500 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$2.27M
$1.98M – $2.65M (±1% cap)
NOI $158,760 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ChargePoint Charging Station Electric Vehicle Charging Station Kohl's Department Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby
288k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 37% Dining 32% Shops & Services 20% Groceries 8%
T.J. Maxx Apparel
43,157 visits/mo 0.4 miles
Kohl's Apparel
28,779 visits/mo 0.0 miles
Aldi Groceries
23,792 visits/mo 0.4 miles
Dollar Tree Shops & Services
21,643 visits/mo 0.0 miles
Ross Dress for Less Apparel
18,597 visits/mo 0.3 miles

Demographics for 60446, IL

40,465
Population
13,986
Households
2.9
Avg Household Size
36
Median Age
23%
College-Educated
84%
High-School Grad
19.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$99,461
Median Household Income
$41,908
Median Earnings
$1,894
Median Rent
$245,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Dollar Tree retail space built in 2011 offered with a short-term lease with no options.
Where is this retail space located?
The property is located at 261 South Weber Road Romeoville, IL.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Dollar Tree retail space; Short‑term lease with no options; Approx 10,000 property size
(314) 324-8792 · Office Call to check price and availability
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