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14800 S Pulaski Rd 10,800 SF Retail Building Midlothian, IL 60445 $995,000 ($92.13/SF) 8.63% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel
  • Lease Structure: More than 3 years remaining on a double net lease with minimal landlord responsibilities
  • Target Market: 86,300 residents within 5 miles with average household incomes in excess of $70,000
  • Historical Occupancy: Over 10 years of historical occupancy and recently extended for an additional 5 years
  • Built-in Rental Growth: Scheduled rental increases in each of the two remaining 5-year renewal options
  • Excellent Connectivity: Just 1.5 miles from an I-294 exit, 20 miles from downtown Chicago, and 12 miles from Chicago Midway International Airport

EXECUTIVE SUMMARY

10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel. More than 3 years remaining on a double net lease with minimal landlord responsibilities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,800 SF
Building Class
B
Year Built
1952
Price
$995,000
Price Per SF
$92.13
Cap Rate
8.63%
NOI
$85,869
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.52 AC
Zoning
B-2 - Commercial
Parking
44 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
587’ on S Pulaski Rd

AMENITIES

  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 10,800 SF
  • $8.00
  • Double Net
  • Jan 2029

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 10,800 SF $8.00 Double Net Jan 2029
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

BMO
Old National Bank
Biggby Coffee
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-10-409-025-0000
Land Assessment
$61,714
Improvements Assessment
$111,538
Total Assessment
$173,252
  • Listing ID: 35200154

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 14800 S Pulaski Rd, Midlothian, IL 60445

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