Mariano's Fresh Market Grocery
For Sale
Contact for pricing
2999 Waukegan Rd, Bannockburn, IL 60015
Single-tenant grocery building backed by a long-term lease and Kroger guarantee.
Property Size74,375 SF
Days on Market143
Property Features for 2999 Waukegan Rd
General Information
Standard status
Active
Size
74,375 SF
Property subtype
Retail
Additional Details
Traffic Count
29,900 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:19PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
This 74,375-square-foot grocery property is occupied by Mariano's Fresh Market as its sole tenant. The lease has 14 years remaining on the current term, includes four additional five-year extension options, and carries a Kroger guarantee.
The building is positioned along Waukegan Road near Half Day Road in Bannockburn, Illinois. Combined traffic at the nearby intersection exceeds 29,900 vehicles per day, while Interstate 94 is close by with reported traffic of 154,000 VPD. Mariano's operates 44 locations, and the brand has been part of The Kroger Company since 2015. Kroger is identified in the property information as an S&P BBB company with more than 2,700 stores across 35 states.
The building is positioned along Waukegan Road near Half Day Road in Bannockburn, Illinois. Combined traffic at the nearby intersection exceeds 29,900 vehicles per day, while Interstate 94 is close by with reported traffic of 154,000 VPD. Mariano's operates 44 locations, and the brand has been part of The Kroger Company since 2015. Kroger is identified in the property information as an S&P BBB company with more than 2,700 stores across 35 states.
Key Highlights
- 74,375‑square‑foot single‑tenant Mariano's Fresh Market grocery property
- 14 years remaining on the current lease term
- Four options to extend for five additional years each
Property Analytics
Property Profile
Current Use
Lease Details
29,900 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
73k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 59%
Dining 23%
Shops & Services 16%
Beauty & Spa 1%
Mariano's
Groceries
26,058 visits/mo
0.1 miles
Heinen's Grocery Store
Groceries
17,162 visits/mo
0.5 miles
McDonald's
Dining
15,249 visits/mo
0.4 miles
Shell
Shops & Services
10,826 visits/mo
0.3 miles
Jersey Mike's Subs
Dining
1,354 visits/mo
0.5 miles
Demographics for 60015, IL
28,013
Population
10,657
Households
2.6
Avg Household Size
43
Median Age
80%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$186,786
Median Household Income
$82,970
Median Earnings
$2,284
Median Rent
$602,700
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?
Grocery and convenience store - Single-tenant grocery building backed by a long-term lease and Kroger guarantee.
Where is this grocery and convenience store located?
The property is located at 2999 Waukegan Rd Bannockburn, IL.
What are key features of this property?
This property features: 74,375‑square‑foot single‑tenant Mariano's Fresh Market grocery property; 14 years remaining on the current lease term; Four options to extend for five additional years each
