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10205 Grand Ave
Franklin Park, IL 60131
Just Tires Retail Center | Jewel Shadow · Retail Property For Sale
Investment Highlights
- Anchored by Just Tires (subsidiary of Goodyear, S&P credit rating BB-) | Just Tires has occupied this space since 1975
- Weighted Average Lease Term of over 10 years | Highly stabilized rent roll | 96% Occupied | Offered at $118 per square foot - priced far below replace
- Highly sought after "Med-Tail" opportunity with a diverse mix of medical and service oriented uses amongst the tenants
- Shadow anchored by a Jewel Grocery Store (Albertson's) and Big Lots
- Brand new tear off roof installed in 2022
- Below market rents, average rents are about $9 per square foot | Most leases feature significant annual rent bumps
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
42,111 SF
Building Class
C
Year Built
1976
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
2.20 AC
Zoning
C2-1, Franklin Park
Parking
604 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
500’ on Grand Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 12-28-300-028-0000 | Improvements Assessment | $8,228 |
| Land Assessment | $1,877,164 | Total Assessment | $1,885,392 |
Property Taxes
Parcel Number
12-28-300-028-0000
Land Assessment
$1,877,164
Improvements Assessment
$8,228
Total Assessment
$1,885,392
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