1250-1254 W 127th St- Calumet Park
Retail | 7,035 SqFt
Marketing description
1250-1254 W 127th St presents a premier opportunity to acquire a fully renovated retail asset with significant immediate "mark-to-market" upside. Unlike typical value-add deals requiring heavy construction, this 7,035 SF center has already undergone extensive capital improvements, including new large-format storefront windows and high-visibility signage.
The investment appeal lies in the diversified income stream:
- Unit 1 (2,345 SF): Currently vacant and "plug-and-play," allowing an owner-user or investor to capture 2026 market rates immediately.
- Unit 2: Fully occupied, providing day-one cash flow.
- Unit 3: High-density Salon Suites featuring seven individual stations, tapping into the resilient and growing health and beauty services sector.
Positioned on a heavily trafficked thoroughfare with over 150 feet of frontage, the property benefits from a signalized intersection and an adjacent private parking lot. For the disciplined investor, this is a "clean" value-add play in an Opportunity Zone that combines physical quality with aggressive income growth potential.
Investment highlights
Turnkey Physical Asset: Entire 7,035 SF building is recently renovated with modern storefront glass, updated facades, and full interior build-outs, minimizing immediate CAPEX.
Strategic Tenant Mix: Features a specialized 7-station salon suite build-out, providing a high-demand service anchor that drives consistent foot traffic.
Immediate Lease-Up Upside: Acquisition offers a clear path to a 9%+ Pro Forma CAP rate by stabilizing the vacant 2,345 SF unit at current market rents.
Exceptional Logistics & Access: Boasts a 100/100 "Exceptionally Drivable" score with a dedicated parking lot and immediate proximity to the I-57 interchange.
Tax & Growth Incentives: Located within a designated Opportunity Zone and TIF District, providing significant long-term tax shielding and potential municipal support.
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