Dollar Tree Retail Space with Short-Term
New
For Sale
Contact for pricing
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$172.50
Days on Market4
Property Features for 261 South Weber Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Retail
Building Details
Year Built
2011
Listing Agency:
Stream Capital Partners
(312) 899-6664
Listed By:
Graham Gold · License #475164964
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 8:30PM
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
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.
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 For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.4k | $17.04 |
| − Vacancy | −$11.1k | −$1.11 |
| EGI | $159.3k | $15.93 |
| − OpEx | −$39.8k | −$3.98 |
| NOI | $119.5k | $11.95 |
10,000 SF · lease $17.04/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.71M
$1.49M – $1.99M
NOI $119,493 @ 7.0% cap · market cap 6.93%
Second Best
Retail
$1.35M
$1.18M – $1.58M
NOI $94,500 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$2.27M
$1.98M – $2.65M
NOI $158,760 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
288k
Monthly Visits Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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 $1,725,000.
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