12.04% Cap Retail Near Cicero and Lincoln Hwy
The Details
- 25,520 SF retail strip center
- Currently 96.0% occupied
- Close to Cicero and Lincoln Hwy.
- Many long-term tenants
- Nearby businesses include Chase,
- DaVita, Dollar Tree, Giordano’s, PetSmart, Marshalls and more
- Potential to add value thru leasing
- Est. Cap Rate: 12.04%
- Land Area: 2.34 acres
- Traffic Count: 34,701 vehicles daily
- Zoning: MXD, mixed-use
Lincoln Square Center is a 25,520 square foot retail center near the corner of Lincoln Highway and Cicero Ave. Currently, the center is 96.0% occupied, with many long-term tenants. These tenants include Pepe’s Mexican Restaurant, a spa, a florist and more. The center is part of a strong commercial corridor near Cicero and Lincoln; nearby businesses include Chase, DaVita, Dollar Tree, Giordano’s, PetSmart, Marshalls and more. This center is a great opportunity for an investor or user looking for retail opportunities in the south suburbs of Chicago.
With a vibrant commercial community as well as a strong residential consumer base Matteson is a growing suburb with tremendous potential for businesses. The corner of Cicero and Lincoln Highway is a strong commercial intersection, attracting a variety of national retailers.