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17 Meadowview Ctr
Kankakee, IL 60901
The Shoppes at Meadowview · Retail Property For Sale
Investment Highlights
- Regional Shopping Center Anchored by Planet Fitness, Athletico Physical Therapy, Citi Trends and More
- Multiple Long-Term Tenants | 10 Tenants Have Been Operating at Location for Over 10 Years
- Currently 66 Percent Occupied | Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 44,926 Square Feet of Vacant Space
- 18 of the 20 Tenants are Operating Under Net Leases with Management Fee Reimbursement
- 12 Tenants have Annual Rental Increases Between Two and Seven Percent
- 10 Points of Ingress/Egress Along Kennedy Road, Fifth Avenue, Brookmont Boulevard and Henry Street | Large Lot 15.14 Acres
Property Facts
Property Type
Retail
Building Size
133,157 SF
Building Class
C
Year Built/Renovated
1956/2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.31
Lot Size
2.33 AC
Zoning
C2 - Service Commercial
Parking
1,400 Spaces (10.51 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
Property Taxes
| Parcel Numbers | Improvements Assessment | $487,332 | |
| Land Assessment | $170,640 | Total Assessment | $657,972 |
Property Taxes
Parcel Numbers
Land Assessment
$170,640
Improvements Assessment
$487,332
Total Assessment
$657,972
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