19800 S LaGrange Rd
Mokena, IL 60448
Urban Air Trampoline and Adventure Park · Retail Property For Sale

Property tours are available by appointment ONLY. Please contact Chris Edwards to schedule at chris.edwards@kwcommercial.com or 818-432-1587. Investment Highlights: ñ45,000 SF NN+ single tenant retail building in Mokena, IL ñ100% occupied with ñ1 year remaining on the current lease term Grocery co-anchored by ñ38,000 SF Brookhaven Marketplace Value-add opportunity to re-lease property while collecting rent from the current tenant Excellent visibility with 3 pylons - two along La Grange Road and another on La Porte Road Strategic Retail Location in Market with Limited Competition Situated in a very visible location on the busiest road in the submarket Very strong location and 5 mile demographics of ñ141,266 population and average income of $109,638 Investment Overview: Ashley Furniture Mokena (the "Property") is a single tenant NN+ Ashley Furniture Home Store located at 19800 South Lagrange Road in Mokena, Illinois. Built in 2002, the Property sits on 3.11 acres and is a shadow co-anchor of a larger grocery anchored shopping center that is not part of this offering. Landlord responsibility consisting of only insurance, roof and structure. Ashley Furniture has occupied this location since 2009 and has one year remaining on their lease term with no options remaining. The value add opportunity exists for the investor to re-tenant the Property while receiving ñ1 year of income from Ashley Furniture. The Property is shadow anchored by Brookhaven Marketplace, a regional grocery store who has been very successful at this location since 2007 and has just signed a new 10 year lease to remain at the shopping center. The Property is adjacent to a multi-tenant neighborhood shopping center that is currently 97% occupied. The Property is located in Mokena Towne Square which benefits from an abundance of complementary retail space in the area. Directly across the road from the center is Hickory Creek Market Place, featuring over 170,000 SF of retail and restaurant space, housing numerous big box retailers such as Good Will, Sears, Staples, and Home Depot. The Property is part of a retail corridor that includes Home Depot, Autozone, Staples, CVS and numerous other retailers and restaurants. Demographics are favorable for the Property within 5 miles a population of ñ141,266 and average income of $109,638.