2320 Burr Oak Ave
Blue Island, IL 60406
Thorntons: Blue Island, IL · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 4,400-square-foot Thorntons gas station and convenience store situated on 3.38 acres in Blue Island, IL. Located just 10 miles south of Downtown Chicago, Blue Island (Population: 23,706) is a densely populated and business-friendly city with convenient access to Chicago' s CBD. Thorntons recently signed a new 20-year absolute-NNN ground lease with six 5-year renewal options and 5% rent increases every 5 years that commenced in February 2016. Built in 2016 on the site of a former Jewel-Osco, the property is situated with excellent visibility at the signalized intersection of West 127th Avenue and Vincennes Road (Combined Traffic Count: 39,600 VPD), just east of Western Avenue (Traffic Count: 20,700). Thorntons is also strategically located less than one mile west of Interstate 57 (Traffic Count: 149,500 VPD), which is the primary north-south artery connecting Chicago with Champaign, as well as access to the Metra Rail, which is the commuter rail system that provides direct access to Chicago' s CBD. The site is also situated directly across W 127th Avenue from Dunkin Donuts/Baskin Robbins, Pennzoil and White Castle and benefits from its proximity to the area' s primary retail corridor, which is anchored by Marshfield Plaza (located just 1.5 miles to the northeast).