994 Waukegan Rd Waukegan, IL 60085
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 994 Waukegan Rd
- Year built
- 2022
- Property type
- Retail properties
Description
This exceptional 2,000-square-foot retail space presents a unique opportunity for a discerning buyer in the desirable Fountain Square submarket of Waukegan. Located in a Class A building constructed in 2022, this single-tenant property is a blank canvas, ready for immediate customization. The space is a vacant shell, offering complete flexibility for tenant build-out to perfectly suit your business needs. All utilities are connected to the space, simplifying the setup process. The annual base rent is projected at approximately $64,000, translating to a monthly base rent of $5,333. It's important to note that this figure excludes common area maintenance (CAM) charges and property taxes, which will be added to the monthly expense. The property is a single-story building, providing convenient access and a streamlined layout. This prime retail location in Fountain Square of Waukegan offers high visibility and excellent accessibility, making it an ideal space for a variety of retail businesses. The buyer is responsible for all build-out costs, allowing for complete control over the final design and functionality of the space. This presents a rare chance to establish a presence in a thriving Waukegan neighborhood within a brand-new, high-quality building. Don't miss this opportunity to secure a prominent retail location in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waukegan
- County
- Lake
- State
- Illinois
- Longitude
- -87.8958
- Latitude
- 42.3407
