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Multi-Tenant Shopping Center
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Pending

5220 Dempster St, Skokie, IL 60077

Fully leased retail center with national and local tenants at a signalized intersection.

Property Size10,037 SF
Days on Market143

Property Features for 5220 Dempster St

General Information

Standard status Pending
Size 10,037 SF
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Panda Express, FedEx, Subway, Halal Pizza, Tollywood Hair & Spa, Mobile Generation

Building Details

Tenancy Multi
Listing Agency: Edgemark Commercial Real Estate Services
Listed By: Jeff Kowal · License #IL 471006681
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 6:26PM

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 Edgemark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Gross Point Crossings is a 10,037-square-foot, multi-tenant shopping center at 5220-5240 Dempster Street in Skokie, Illinois. The property is fully leased and includes Panda Express and FedEx as anchor tenants, along with Subway, Halal Pizza, Tollywood Hair & Spa, and Mobile Generation.

The center occupies the lighted intersection of Dempster Street and Gross Point Road, providing prominent exposure along Dempster Street. Mobile Generation is scheduled to begin paying full rent and pass-through charges on August 1, 2024. If the transaction closes before that date, the owner will credit the buyer for applicable rent or recoveries.

Key Highlights

  • 10,037 SF multi‑tenant shopping center
  • 100% leased to Panda Express, FedEx, Subway, Halal Pizza, Tollywood Hair & Spa, and Mobile Generation
  • Anchored by Panda Express and FedEx

Property Analytics

Current Use

Panda Express Restaurant

Suggested Use

Top Pick Real Estate Agency Garden Center Skin Care Clinic (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,367
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 69% Shops & Services 31%
Dunkin' Donuts Dining
12,161 visits/mo 0.1 miles
Shell Shops & Services
11,441 visits/mo 0.1 miles
Panda Express Dining
10,595 visits/mo 0.1 miles
Baskin-Robbins Dining
3,752 visits/mo 0.2 miles
SUBWAY Dining
3,141 visits/mo 0.1 miles

Demographics for 60077, IL

28,856
Population
11,317
Households
2.5
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
6,870
Density / Sq Mi
$80,765
Median Household Income
$40,996
Median Earnings
$1,450
Median Rent
$327,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with national and local tenants at a signalized intersection.
Where is this shopping center located?
The property is located at 5220 Dempster St Skokie, IL.
What are key features of this property?
This property features: 10,037 SF multi‑tenant shopping center; 100% leased to Panda Express, FedEx, Subway, Halal Pizza, Tollywood Hair & Spa, and Mobile Generation; Anchored by Panda Express and FedEx
More about this property
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