Sec Rte 176 & Waukegan Rd Lake Bluff, IL 60044
- Lifestyle centers
- 64,574 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 0 Sec Rte 176 & Waukegan Rd
- Property size
- 64,574 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Carriage Way Shopping Center presents a prime retail investment opportunity in Lake County. This multi-tenant shopping center boasts a total of 64,574 square feet, offering spaces ranging from 4,261 to 8,539 square feet currently available. The center is strategically located at a high-traffic intersection experiencing over 38,000 vehicles per day, providing exceptional visibility and accessibility for businesses. A significant advantage is its adjacency to a newer Target store, further enhancing its draw and customer base. The center is anchored by a Heinen's grocery store, attracting a consistent flow of shoppers. The property features ample parking, with a ratio of 5.25 spaces per 1,000 square feet. The surrounding area demonstrates strong daytime population density and high household incomes, creating a robust and affluent market for potential tenants. This established center is home to a mix of successful national and local businesses, creating a vibrant and thriving retail environment. The available spaces present a unique chance to establish or expand a business within a well-established and successful shopping center. The minimum divisible space is 4,261 square feet, while the maximum contiguous space available is 4,278 square feet. A total of 8,539 square feet is currently vacant.
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
- Lake Bluff
- County
- Lake
- State
- Illinois
- Longitude
- -87.8953
- Latitude
- 42.28