2727 GRAND AVE Waukegan IL 60085-2406

Cushman & Wakefield exclusively present 2727 Grand Avenue, Waukegan, IL (“The Property”) – a 79,150-square-foot, fully occupied grocery-anchored center.​ Lewis Fresh Market is the anchor tenant of the center, accounting for 86% of the GLA at 68,150 SF, which includes a new 5,000 SF dock area built in 2018.​ Currently accounting for 72% of revenue, Lewis Fresh Market has occupied the center since 2012 with a lease term through April 2028 and two, 5-year extension options.​ Other tenants at the Property include a 9,000 SF Place for Children with Autism and a 2,000 SF Shelby’s Coffee Shop.​ The Property’s location near the intersection of Grand Avenue and McAree Road sees daily traffic counts over 31,700 VPD.​ The far north suburban Chicago submarket of Waukegan provides the Property with impressive demographics of over 165,800 residents with an average household income exceeding $83,700 within a five-mile radius.​