Property profile

2340 Lincoln Hwy New Lenox, IL 60451

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,828 square foot retail space is available for sublease in a thriving New Lenox, Illinois strip center. Located at 2340 E Lincoln Hwy, this single-story building offers excellent visibility and accessibility, situated just 3.5 miles east of I-80 on Route 30. The property is part of a bustling shopping center anchored by Target and Lowe's, ensuring high foot traffic and strong consumer presence. The space is centrally located within the occupied strip center, providing immediate exposure to existing customers. The zoning is B3, suitable for a variety of retail uses. Negotiating a long-term lease directly with the landlord is a possibility, offering stability and flexibility for the tenant. Furthermore, the opportunity for monument signage on Route 30 is available, providing significant branding potential. This sublease presents a unique opportunity to establish a retail presence in a high-traffic, well-established shopping center in Will County, Illinois, with a zip code of 60451. The property features one building with no elevators.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2340 Lincoln Hwy New Lenox, IL 60451
New Lenox metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2340 Lincoln Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message