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Property profile

16101 Farrell Rd Lockport, IL 60441

OFF-MARKET
Retail properties & Spaces
41,913 SF Built 2008
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Property summary

AI-generated overview

This exceptional build-to-suit opportunity presents 10,000 to 45,000 square feet of retail space at Lockport Square in Lockport, Illinois. Located at 16101 Farrell Rd, 60441, this vacant parcel offers unparalleled visibility and access from I-355. The property boasts excellent co-tenancy with a nearby Dollar Tree, a newly constructed Walmart Supercenter, and a Jewel-Osco anchored retail center, ensuring high traffic and customer exposure. The site features ample parking within a large lot, providing convenient access for customers and employees. Five points of ingress and egress ensure smooth traffic flow. All utilities are readily available. The single-story building, constructed in 2008, is part of a larger two-building complex totaling 41,913 square feet. Benefit from low Will County taxes and the convenience of a PACE bus stop at the intersection. This location is surrounded by established national retailers and new residential developments, creating a strong customer base. The property is ideal for a variety of retail uses and offers a unique chance to establish a thriving business in a high-growth area. The site's strategic location and impressive amenities make it an exceptional investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008
Total area 41,913 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

16101 Farrell Rd Lockport, IL 60441
Lockport metro
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Value estimations

Realmo proprietary · 4 methods
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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
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