For Lease
$16.50/SF/YR

2740 Columbus St Ottawa, IL 61350

Grocery-anchored center; high visibility; I-80 proximity

Overview

Added:
Dec 11, 2024
Days on market:
133
Wally Ottawa Plaza, a highly visible 31,208 square foot grocery-anchored shopping center, presents a compelling investment opportunity. Located in Ottawa, Illinois, a retail hub for LaSalle County, this property boasts an excellent location just 0.4 miles south of I-80, on the east side of Columbus Street and Kain Street. The center benefits from a lighted intersection on Columbus Street (Route 23), a major thoroughfare with a daily traffic count of 21,600 vehicles. This prime location ensures exceptional visibility and accessibility. The two-building, single-story complex, built in 2005, comprises 13 suites across 31,208 square feet and sits on a 5-acre lot. Currently, the center is home to a mix of regional and national tenants, including Aldi, Hibbett Sports, Dollar Tree, Sherwin Williams, and Athletico, alongside a strong grocery anchor. The surrounding area features a robust retail landscape, with nearby establishments such as Kroger, Walmart, Dunkin' Donuts, Culver's, Verizon, Dairy Queen, Blaine's Farm & Fleet, and Cracker Barrel. The property is zoned C3 | Special Business, offering flexibility for a variety of commercial uses. One suite of 1,739 square feet is currently available. This property offers a unique blend of established tenancy and high-traffic location, making it an ideal investment for discerning buyers.

Highlights

  • Grocery-anchored retail and office center totaling 31,208 square feet.
  • High-visibility location on Columbus St (Route 23) at a lighted intersection.
  • Less than half a mile south of I-80.
  • Columbus St (Route 23) experiences 21,600 vehicles per day.
  • Property consists of two, one-story buildings with 13 suites on a 5-acre lot in Ottawa, IL.

Property Details for 2740 Columbus St

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
31,208 SF
Year Built
2005
Buildings
2
Stories
1

Unit(s) available at that property

Space
2740-200
Size
1,739 SF
Rate per SF
$16.50

Location Insight

City
Ottawa
County
Lasalle
State
Illinois
Latitude
41.369874189514
Longitude
-88.835750534817

FAQs

What type of property is this?
Retail property - Grocery-anchored center; high visibility; I-80 proximity
Where is the retail property located?
The property is located at 2740 Columbus St Ottawa, IL.
What is the lease rate?
The lease rate is $16.50/SF/YR.
What are key features of this property?
This property features: Grocery-anchored retail and office center totaling 31,208 square feet.; High-visibility location on Columbus St (Route 23) at a lighted intersection.; Less than half a mile south of I-80.
How can I contact the broker?
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2740 Columbus St
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