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- LoopNet Team
2525-2535 W 95th St
Evergreen Park, IL 60805
Evergreen Park Plaza · Property For Lease
HIGHLIGHTS
- Asset lies in a densely populated area with over 213,647 residents within 3 miles.
- Only 25,000 SF junior box available in the market.
- Placed in a high-traffic corridor of Evergreen Park with high traffic counts along 95th Street, which sees approximately 29,747 VPD.
- Dense urban infill location with above-average parking.
- Average household income of more than $130,800 within a 1-mile radius of the property.
PROPERTY FACTS
| Property Type | Retail | Year Built | 2005 |
| Gross Leasable Area | 25,028 SF | Parking Ratio | 4/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 25,028 SF |
| Year Built | 2005 |
| Parking Ratio | 4/1,000 SF |
ABOUT THE PROPERTY
25,028 square foot re-development located at 2525-2535 West 95th St., Evergreen Park, IL. The multi-tenant building sits on approximately 1.70 acres of land and features a parking lot with over 150 spaces. The property is 100% leased to two national retailers that are currently signed to landlord favorable net leases with minimal landlord responsibilities. The entire property can be re-captured by the next buyer, as the anchor tenant has just over a year of lease term remaining, with no options to extend, and a significantly under-market rent. T-Mobile is paying rent, but the space can be available when the K&G lease expires. This presents a true value-add component for any buyer or developer looking to acquire a building with a short lease term in place and the ability to backfill vacancies. Notable surrounding national tenants include ALDI, Mariano’s, Walmart, Sam’s Club, Meijer, Whole Foods, Chipotle, Five Guys, Buffalo Wild Wings, Starbucks, and more. The property is strategically located off 95th Street, a major east/west retail thoroughfare, which sees over 29,747 VPD. This asset benefits from excellent demographics, with an average household income of $130,800 within a 1-mile radius of the property. The asset additionally benefits from a densely populated area with over 213,647 residents within a 3-mile radius.
- Bus Line
- Pylon Sign
