2340 Lincoln Hwy, New Lenox, IL 60451
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.