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17510 S Halsted St
Homewood, IL 60430

Buffalo Wild Wings/Dollar Tree Investment · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
19,215 SF
Building Class
C
Year Built/Renovated
1993/2011
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.98 AC
Zoning
B-5, Homewood
Parking
96 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
262 FT on Halsted St

Amenities

  • Signage

About 17510 S Halsted St , Homewood, IL 60430

The subject property is a two tenant, retail pad building on a outlot of a Walmart Supercenter in Homewood, Illinois. The property is fully leased to one of the largest franchisees of Buffalo Wild Wings and a corporate Dollar Tree store. Dollar Tree has shown its commitment to the site by exercising an early renewal option for an additional 10 years. Buffalo Wild Wings has recently extended an early option as well through 2029. Both tenants are paying below market rents so this is a win-win for the new owner. National retailers surrounding include Walmart, Menards, Kohl's, Target, Portillo's, Jewel-Osco, Panera Bread, brand new Chick-Fil-A and many more. Menards recently showed their success in the market by adding an additional 40,000 SF to their existing store. The Buffalo Wild Wings is operated by Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) which is one of the largest franchisees of the iconic sports bar restaurant. DRH has 64 BWW restaurants located in key urban and suburban markets in Florida, Illinois, Indiana, Michigan and Missouri. Buffalo Wild Wings is a NNN lease. Dollar Tree, Inc. is a customer-oriented, value-driven variety store operating at a one dollar price point. Dollar Tree is the largest and most successful single-price-point retailer in North America, operating thousands of stores across 48 contiguous U.S. states and five Canadian provinces, supported by a solid and scalable logistics network. Dollar Tree is on a Gross Lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-32-200-055-0000
Land Assessment
$57,625
Improvements Assessment
$81,718
Total Assessment
$139,343
  • Listing ID: 17534910

  • Date on Market: 10/23/2019

  • Last Updated:

  • Address: 17510 S Halsted St, Homewood, IL 60430

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