Touhy Plaza is a 38,940 SF shopping center located at 5220 West Touhy Avenue in Skokie, Illinois. It offers an investor a terrific opportunity to own a generational retail asset situated in an infill, high-density retail sub-market, in Chicago’s near northern suburbs. The property consists of 2.53 Acres and was constructed in 1973 and remodeled in 2017. The five-tenant, neighborhood shopping center, is anchored by Pep Boys & Advance Auto Parts stores, representing 59% of the total occupancy. Of the remaining three tenants, two are National tenants, with Orangetheory Fitness and Skechers Warehouse Outlet. The fifth tenant is Qahwah House, an award-winning coffee shop with 20 total locations. This 100% leased center is in a premier market and has a history of strong tenant demand and excellent sales.The area is heavily populated and affluent. There are 729,675 people located in a 5-mile radius and 2,130,455 people located in a 10 mile radius, the average household income is $130,142 within 5 miles and $131,008 within 3 miles of the property.
- Property Type : Retail
- Listing Size : 38,940
- Stories : 1
- Typical Floor Size : 38,940