Mannheim Plaza

Highlights:

• 100% leased unanchored neighborhood shopping center
• Mix of food & beverage tenants, a long-term office tenant, and an apartment unit
• Located in the dense and affluent Chicago suburb of Stone Park, IL
• Strong traffic counts: Mannheim Road - 41,700 VPD; Lake Street - 21,100 VPD
• 14,844 SF total GLA, 100% occupied, 7.0% cap rate
• Available separately or as part of a portfolio with New Town Plaza (1559 N Mannheim Rd)

Description:

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Mannheim Plaza, a 100% leased unanchored neighborhood shopping center featuring a mix of food and beverage tenants, a long-term office tenant, and an apartment unit in the dense and affluent Chicago suburb of Stone Park, IL. The offering consists of two buildings located at 1501-1505 N Mannheim Rd (7,400 SF, built 2017) and 1511 N Mannheim Rd (5,814 SF, built 1958, renovated 2025), plus a 1,630 SF apartment unit, for a total of 14,844 SF of GLA. The center benefits from strong traffic counts along Mannheim Road (41,700 VPD) and Lake Street (21,100 VPD). The offering may be purchased as two separate investment opportunities or as part of a portfolio with New Town Plaza (1559 N Mannheim Road, Stone Park, IL 60165). Contact the marketing team for details.

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