333-389 W Stevenson Rd | Ottawa, IL 61350
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333-389 W Stevenson Rd
Ottawa, IL 61350
Ottawa Center | Walmart Shadow Anchor · Retail Property For Sale
Investment Highlights
- PAD SPACE OPPORTUNITIES: This offering provides four opportunities to develop on pad sites within Ottawa Centrw
- LONG-TERM OPERATING HISTORY: The site benefits from a Weighted Average Lapsed Lease Term of 13.29 years
- DIRECTLY OFF INTERSTATE 80: Ottawa Center is a quarter mile from the Interstate 80 interchange (30,600 VPD).
- VALUE-ADD THROUGH LEASE-UP: Ottawa Centre is currently 83.7% occupied with 8,400 square feet of remaining vacant spaces
- HIGH TRAFFIC SHADOW ANCHOR: Ottawa Centre is shadow-anchored by Walmart Supercenter, drawing over 2.1 million annual visitors.
- GREATER OTTAWA CENTRE DEVELOPMENT: The Site is strategically located within the greater Ottawa Centre development
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
51,446 SF
Building Class
B
Year Built/Renovated
2006/2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
14.31 AC
Parking
320 Spaces (6.22 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 14-35-212001 | Improvements Assessment | $1,052,045 |
| Land Assessment | $137,447 | Total Assessment | $1,189,492 |
PROPERTY TAXES
Parcel Number
14-35-212001
Land Assessment
$137,447
Improvements Assessment
$1,052,045
Total Assessment
$1,189,492
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