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1741 E Chestnut St 40,668 SF 74% Leased Retail Building Canton, IL 61520 For Sale
INVESTMENT HIGHLIGHTS
- Multi-Tenant retail property anchored by Kroger, who has leased at the center since 1971
- Neighboring retailers feature ALDI, Walgreens, Goodwill, Dollar General, AutoZone Auto Parts, Pizza Hut, Subway, Burger King, Dunkin’ and Taco Bell
- Value-add opportunity through lease up and stabilization
- Ample parking for customers and employees
EXECUTIVE SUMMARY
1741 E. Chestnut is a Kroger anchored retail property located in Canton, Illinois. The building totals 40,668 square feet across two (2) units. Kroger leases approximately 29,952 square feet, has leased at the building since 1971, and has lease term through August 2027. The sole vacancy was formerly leased by CVS Pharmacy and totals 10,716 square feet.
The Property features pylon signage fronting Chestnut Street and a large on-site parking lot totaling 285 surface level spaces (3.56/1,000 SF).
The Property features pylon signage fronting Chestnut Street and a large on-site parking lot totaling 285 surface level spaces (3.56/1,000 SF).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
40,668 SF
Building Class
C
Year Built
1971
Percent Leased
74%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
3.82 AC
Zoning
C
Parking
285 Spaces (7.01 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former CVS space – wide open floor plan, large windows, pylon signage.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,716 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 10,716 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 10,716 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Former CVS space – wide open floor plan, large windows, pylon signage.
PROPERTY TAXES
| Parcel Number | 09-08-253-010-17 | Improvements Assessment | $799,330 |
| Land Assessment | $52,650 | Total Assessment | $851,980 |
PROPERTY TAXES
Parcel Number
09-08-253-010-17
Land Assessment
$52,650
Improvements Assessment
$799,330
Total Assessment
$851,980
CONTACTS
-
Matt Tarshis -
Andrew Rubin -
Zack Pearlstein -
Andrew Picchietti -
Andrew Slovis -
Frontline Real Estate Partners
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1741 E Chestnut St
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