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    OFF-MARKET
    Retail properties & Spaces

    0 Nwc Howard St & Sacramento Ave, Evanston, IL 60202

    6,400 SF 2.43 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents four premier outparcel development sites totaling 2.43 acres, ideally situated at the northwest corner of Howard Street and Sacramento Avenue in Evanston, Illinois (zip code 60202). The property benefits from its location within a thriving shopping center anchored by major retailers including Target, Jewel-Osco, Best Buy, and Office Max. The outparcels are subject to Target's standard use restrictions and an operating and easement agreement between Target, Jewel-Osco, and Best Buy. Development options include: Outparcel 1 & 2 allow for a single 7,000 square foot building or two buildings with a combined maximum of 8,000 square feet. Outparcel 4 offers a 6,400 square foot building site, and Outparcel 5 provides a 6,650 square foot building site. This location offers high visibility and accessibility, making it an attractive proposition for a variety of retail uses. The opportunity is ideal for developers seeking to capitalize on the strong existing retail presence and high traffic volume in this established Evanston commercial corridor. Detailed site plans and development guidelines are available upon request.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 6,400 SF
    Lot 2.43 ac (105,851 SF)
    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
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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