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    OFF-MARKET
    Retail properties & Spaces

    2340 Lincoln Hwy, New Lenox, IL 60451

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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