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Investment Highlights

  • Strong Performing National Anchors with Exceptional Shadow Anchors
  • Service-Oriented Tenant Mix with Long Operating History
  • Irreplaceable Location Along a Highly Trafficked Intersection
  • Value-Add Opportunity with 24,840 Square Feet of Available Space
  • Recent Commitment from Secretary of State
  • Locational Advantage in Distribution Hub

Executive Summary

CBRE is pleased to present the opportunity for qualified investors to acquire Melrose Crossing, 138,214-square-foot shopping center located at the highly active intersection of North Avenue and Mannheim Road. Melrose Crossing boasts a dominant line-up of national anchors including Harbor Freight, dd’s discounts, Planet Fitness, and Dollar Tree. The Property further benefits from its attractive shadow co-tenancy with Tony’s Fresh Market, Burlington, and T.J. Maxx.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
138,214 SF
Building Class
B
Year Built
1986
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.27
Lot Size
11.63 AC
Zoning
C, Melrose Park - Commercial
Parking
650 Spaces (4.7 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Dollar Tree started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Planet Fitness began in 1992 when Michael and Marc Grondahl bought a failing Gold's Gym in Dover, New Hampshire. The company created a welcoming environment for casual exercisers with its Judgement Free Zone concept. Planet Fitness grew rapidly through franchising, becoming one of the largest fitness chains globally. The business model focuses on affordability and accessibility with low membership fees. The company provides cardio and strength equipment, free fitness training, and various membership options. Planet Fitness operates thousands of locations worldwide.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000
Arts, Entertainment, and Recreation - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,000 SF
  • Retail
  • In-Line
  • Now

3,000 square foot retail space available for lease.

  • 1933
  • 4,028 SF
  • Retail
  • In-Line
  • Now

4,028 square foot retail space available for lease.

  • 2003-05
  • 3,000 SF
  • Retail
  • In-Line
  • Now

3,000 square foot retail space available for lease.

  • 2007
  • 3,389 SF
  • Retail
  • In-Line
  • Now

3,389 square foot retail space available for lease.

  • 2009
  • 1,116 SF
  • Retail
  • In-Line
  • Now

1,116 square foot retail space available for lease.

  • 2011
  • 1,955 SF
  • Retail
  • In-Line
  • Now

1,955 square foot retail space available for lease.

  • 2013
  • 5,996 SF
  • Retail
  • In-Line
  • Now

5,996 square foot retail space available for lease.

  • 2015
  • 1,100 SF
  • Retail
  • In-Line
  • Now

1,100 square foot retail space available for lease.

  • 2019-21
  • 2,109 SF
  • Retail
  • In-Line
  • Now

2,109 square foot retail space available for lease.

Space Size Space Use Position Available
1st Floor 3,000 SF Retail In-Line Now
1933 4,028 SF Retail In-Line Now
2003-05 3,000 SF Retail In-Line Now
2007 3,389 SF Retail In-Line Now
2009 1,116 SF Retail In-Line Now
2011 1,955 SF Retail In-Line Now
2013 5,996 SF Retail In-Line Now
2015 1,100 SF Retail In-Line Now
2019-21 2,109 SF Retail In-Line Now

1st Floor

Size
3,000 SF
Space Use
Retail
Position
In-Line
Available
Now

1933

Size
4,028 SF
Space Use
Retail
Position
In-Line
Available
Now

2003-05

Size
3,000 SF
Space Use
Retail
Position
In-Line
Available
Now

2007

Size
3,389 SF
Space Use
Retail
Position
In-Line
Available
Now

2009

Size
1,116 SF
Space Use
Retail
Position
In-Line
Available
Now

2011

Size
1,955 SF
Space Use
Retail
Position
In-Line
Available
Now

2013

Size
5,996 SF
Space Use
Retail
Position
In-Line
Available
Now

2015

Size
1,100 SF
Space Use
Retail
Position
In-Line
Available
Now

2019-21

Size
2,109 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 3,000 SF
Space Use Retail
Position In-Line
Available Now

3,000 square foot retail space available for lease.

1933

Size 4,028 SF
Space Use Retail
Position In-Line
Available Now

4,028 square foot retail space available for lease.

2003-05

Size 3,000 SF
Space Use Retail
Position In-Line
Available Now

3,000 square foot retail space available for lease.

2007

Size 3,389 SF
Space Use Retail
Position In-Line
Available Now

3,389 square foot retail space available for lease.

2009

Size 1,116 SF
Space Use Retail
Position In-Line
Available Now

1,116 square foot retail space available for lease.

2011

Size 1,955 SF
Space Use Retail
Position In-Line
Available Now

1,955 square foot retail space available for lease.

2013

Size 5,996 SF
Space Use Retail
Position In-Line
Available Now

5,996 square foot retail space available for lease.

2015

Size 1,100 SF
Space Use Retail
Position In-Line
Available Now

1,100 square foot retail space available for lease.

2019-21

Size 2,109 SF
Space Use Retail
Position In-Line
Available Now

2,109 square foot retail space available for lease.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Herc Rentals
Food 4 Less
Fifth Third Bank
Hooters
Starbucks

Property Taxes

Property Taxes

Parcel Number
12-33-301-024-0000
Land Assessment
$2,215,955
Improvements Assessment
$1,527,145
Total Assessment
$3,743,100
  • Listing ID: 36737830

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 1903-2029 N Mannheim Rd, Melrose Park, IL 60160

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