January 20, 2022 – Mark Heidecke of Horvath & Tremblay has successfully completed the sale of a Retail Plaza in Westmont, Illinois. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $1,300,000.
The Retail Plaza is located at 6000-6008 S Cass Avenue in Westmont, Illinois. Originally constructed in 1982, the plaza contains 12,612 square feet of gross leasable area on a 1.22-acre parcel. The Property is 90% leased to a complimentary mix of nine (9) local tenants that serve the needs of the local residents. The highly visible Property is strategically located along S Cass Avenue, the area’s primary commercial corridor at the intersection with W 60th Street. The Property enjoys three points of access and outstanding visibility from both roadways and is surrounded by a densely populated residential neighborhood and large-scale apartment communities. Furthermore, the Property benefits from close proximity to The Kingery Highway (IL Route 83) and Interstates 55, 355 and 294.
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.