Property tours are available by appointment ONLY. Please contact Ron Weissenhofer to schedule at rweissenhofer@ctk-as.com or 630-712-2573. Investment Highlights: ±63,014 SF Neighborhood Retail Center Anchored by Dollar General ±94% Occupied Including USPS, State Farm, The Atrium and Heritage Plaza Bar Value-Add Opportunity through Lease-Up of the Available ±3,700 SF Dollar General Corporate Guarantee – 10+ Year Operating History at Heritage Plaza Surrounded By a Large Residential Population with High Traffic Numbers Excellent Visibility on 183rd Street with Complimentary Retail Drivers in Trade Area Investment Overview: Heritage Plaza (the “Property”) is a ±63,014 SF Dollar General anchored neighborhood retail center located at 4039 – 4167 183rd Street in Country Hills, Illinois. The Property represents the opportunity to acquire a strong-performing shopping center with a national anchor tenant, in-place income, and potential upside through absorption of vacancy and market rate renewals of several month to month tenants. Heritage Plaza contains 20 suites and sits on 6.15 acres of land. The Property is ±94% occupied and anchored by Dollar General occupying ±11,000 SF. Dollar General signed a 10 year lease in 10/2009, expiring 9/30/19, and with 2 five year renewal options. Several other tenants are currently month to month and offer a value add opportunity through lease renewals. National retail and restaurant chains located in the immediate trade area include Walgreens, Wendy’s, Advance Auto Parts, Jewel-Osco, Big Lots and Walmart. The Property is located 1.5 miles east of I-57 and 7 miles south of I-80 in the southern suburbs of Cook County, IL. The demographics are also very favorable to the Property’s tenancy with over 64,076 people within a 3-mile radius and average household incomes of over $87,094. The Village of Country Club Hills is a residential community approximately 40 miles south of Chicago. County Club Hills is easily accessible from Interstate 80 and Route 57. Pace Suburban Bus and Metra Commuter Rail both provide service to the community. Heritage Plaza is conveniently located near Advocate Suburban Hospital, Homewood Flossmoor High School and Walmart. Chicago is home to more than 400 major corporate headquarters including 36 Fortune 500 companies and ranked #2 in North America for International headquarters. This property will be auctioned on Monday, August 7 - Wednesday, August 9 . The price displayed is the starting bid amount of $1,000,000. For information and to register to bid on this property, please visit Ten-X.com.
