Joliet, IL - Former Verizon
Market Price
3330 Mall Loop Dr, Joliet, IL 60431
4,500 sqft
Building Size
Details:
Description:
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 4,521 SF, freestanding former Verizon located in Joliet, Illinois. The property is a former Verizon, a popular wireless carrier which served the city of Joilet and its many visitors. The site is located on a B-2
(Business Central District) zoning district, providing for a wide range of potential uses. The site presents an excellent value-add or redevelopment opportunity in a highly desirable location. Additional parking stalls available in mall parking lot - please contact broker for details.
The Former Verizon is located along U.S. Hwy 30, a major retail road that averages over 33,000 vehicles passing by daily. The site benefits from nearby direct on/off ramp access to Interstate 55, a major thoroughfare that averages over 78,000 VPD. The asset is an outparcel to Louis Joilet Mall, a 323,000 SF regional mall that is anchored by Macy’s, Ashley Furniture, Best Buy, Shoe Dept, and more. Furthermore, other nearby national/credit tenants include Michaels, Home Depot, Target, Dick’s, Costco, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by over 192,000 residents and 65,000 employees, providing a direct consumer base from which to draw. Residents within a 5-mile radius of the subject property boast an affluent average household income of $114,381.
Location
Gallery
