Property profile

1938 Lincoln Hwy New Lenox, IL 60451

OFF-MARKET
Retail properties & Spaces
70,000 SF Built 2006
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Property summary

AI-generated overview

Atrium Pointe, located at 1938 E Lincoln Hwy in New Lenox, IL (zip code 60451), offers a diverse range of executive office and retail spaces. This two-story building, constructed in 2006, boasts a total of 70,000 square feet situated on a 4.5-acre lot. The property is zoned B1 and falls within the Joliet/Central Will submarket of Will County. Tenants can choose from multiple suites, with a minimum divisible space of 334 square feet and a maximum contiguous space of 1,650 square feet. Currently, there are 10 total suites, with 4,840 square feet of vacant space available for lease. The building offers a mix of leasing options, including net lease retail spaces and modified gross lease second-floor offices. This prime location provides easy access to major transportation routes and offers a variety of amenities within close proximity. The property's modern design and flexible space options make it ideal for a variety of businesses seeking a professional and convenient work environment in the thriving Joliet/Central Will County market. Interested parties should inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 70,000 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
  • Title Company
  • Vocational School Training Center
  • Business Service Center Corporate Office
  • Restaurant
  • Dental Office

Location

1938 Lincoln Hwy New Lenox, IL 60451
New Lenox 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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