403 E State St is aretail property for lease in Sycamore, IL.
ONLINE AUCTION :: JULY 22, 2014
Retail Investment Opportunity
403 E. State St | Sycamore, IL
OPENING BID :: $500,000 | Less Than $15 per SF
:: INVESTMENT SUMMARY
On Tuesday, July 22nd, 2014 CBRE Auction Services is pleased to present for auction, 403 E. State Street Sycamore, IL 60178. A former grocery-anchored center the ±35,120 SF center is 37% occupied on 2.82 acres located just east of the Sycamore city center and US Hwy. 23, with traffic counts of 9,000 VPD. ±25,097 SF of contiguous space is available and divisible. The current high traffic tenant mix includes Family Dollar, United States Post Office and Resource Bank.
- Upside Potential | Former grocery-anchored center presents tremendous upside potential through lease-up
- High Traffic Tenants | Exisiting tenants Family Dollar, USPS, and Resource Bank round out the high traffic tenant mix
- High Visibility | High Visibility on main thoroughfare and adjacent to Wendy’s fast-food Restaurant
- Central Location | Downtown location highly convenient for surrounding community
- Alternative Use | Excellent Alternative Use Opportunity
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