92% Occupied Retail Center in Wheaton at 8.2% Cap
No Longer Available
214-324 E. Geneva Rd.
Wheaton, IL 60187
116,759 SF
Retail Neighborhood Center
The Details
- 116,759 SF retail center
- Located in strong commercial area
- Current Occupancy: 92.0%
- At intersection of Main & Geneva
- Two recent anchor tenant leases
- Tenants include Office Depot, Dollar Tree, Brickhaus Fitness, Bounce Around and more
- Adjacent to Jewel-Osco
- Upside potential – many units with below market rent
- Projected NOI: $1,113,501
- Land Area: 8.8 acres
- Zoning: C5, planned commercial
Adjacent to the Jewel-Osco, the Main Street Plaza is a 116,759 square foot retail center with the opportunity to add value. Currently, the center is 92.0% occupied with many tenants at below market rents. The tenant area mix of local and national brands including Office Depot, Dollar Tree, Bounce Around, Brickhaus Fitness and more. The center generates strong net income with potential to increase rental rates. Near the corner of Main and Geneva, this property is part of a strong retail corridor with many local and national tenants including Jewel and Home Depot. This commercial corridor is convenient for residents of Wheaton, Carol Stream and more.