1006-1058 E 162nd St | South Holland, IL 60473
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1006-1058 E 162nd St
South Holland, IL 60473
Pacesetter Plaza | Family Dollar Anchored · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 97% Occupied Retail Center Anchored by Family Dollar
- Modest, Replaceable Average Rent of $11.94 per Square Foot | Potential for Rent Growth
- Prime Retail Roughly 1,000 Feet From Interstate 94’s Interchange and Adjacent to ALDI, a Successful Grocer
- Family Dollar has been Located in this Center Since 2014 | Option Exercised Through March 2029
- All Tenants Operate on Net Leases | Eight Tenants have Scheduled Rental Increases Ranging from 2% to 12%
- Situated Within a TIF District | Gateway East Redevelopment Project Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
34,288 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
2.27 AC
Parking
140 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
438’ on E 162nd St
AMENITIES
- Pylon Sign
- Signage
- Monument Signage
PROPERTY TAXES
| Parcel Number | 29-14-317-031-0000 | Improvements Assessment | $327,584 |
| Land Assessment | $173,416 | Total Assessment | $501,000 |
PROPERTY TAXES
Parcel Number
29-14-317-031-0000
Land Assessment
$173,416
Improvements Assessment
$327,584
Total Assessment
$501,000
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