Freestanding Retail Building | Busy Corridor

Property Description

1021 US Highway 45 N is a freestanding 14,000-square-foot retail building in the prime corridor along Highway 45, a major north-south highway extending from the Ohio River to the north of the Wisconsin border. This opportunity presents a well-maintained building ideally established over a 1.14-acre lot with ample on-site surface parking and prominent signage opportunities along a heavily trafficked thoroughfare featuring over 9,000 vehicles per day. Built in 2001, this single-story asset is currently occupied by Family Dollar, which will vacate the property in the summer of 2025. This property offers a value-add investor a unique opportunity to add a generous upside by leasing up the property at market rent.

Area Description

1021 US Highway 45 N is favorably surrounded by reputable demand drivers; this desirable location makes for an excellent opportunity for investors seeking capital appreciation in Eldorado, Illinois. Popular businesses encompass the property within a brief 0.5-mile radius, including Dollar General, McDonald’s, Subway, Hardee’s, Casey’s, Peoples National Bank, and the locally popular Big John’s grocery store.