October 19, 2021 – Brian Ahrens, Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of the East Gate Commons in Saint Charles, Illinois. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $5,375,000.
The East Gate Commons is located at 3817-3843 E Main Street in Saint Charles, Illinois. East Gate Commons, anchored by Chipotle and AT&T, contains eleven tenants in 20,560 square feet and is situated on approximately 2.59 acres. The property is located within the Target shopping center at the southwest corner of the signalized intersection of East Main Street and Kautz Road. The property benefits from outstanding visibility and a diverse tenant mix including Chipotle, AT&T, Jimmy John’s, Smyles & Co, Tropical Smoothie, and others. The Property is located along the area’s primary commercial corridor and is surrounded by a multitude of industrial properties and manufacturing businesses, as well as a densely populated residential neighborhoods along the periphery of the commercial corridor.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.