Lindenhurst Center -Lindenhurst, IL

CommercialGRP was engaged in the repositioning and stabilization of Lindenhurst Center, a well-located neighborhood retail center situated at the signalized intersection of East Grand Avenue and Sand Lake Road in Lindenhurst.

Under new ownership, the center experienced a rapid transformation, increasing occupancy from 40% to 97% in under 10 months, supported by more than $2.4 million in capital improvements. The asset benefits from strong visibility, high traffic counts, and a dense, high-income surrounding population.

Project Highlights

  • Occupancy increased from 40% to 97% within 10 months

  • $2.4M+ invested in capital expenditures

  • Signalized corner location with approx. 21,000 VPD on East Grand Ave and 10,000 VPD on Sand Lake Rd

  • New pylon signage and enhanced monument signage

  • Extensive renovations to exteriors, interiors, lighting, security systems, and parking areas

  • High-income trade area, with household incomes exceeding $105,000 within a 3-mile radius

Anchor & Tenant Mix

 

The center is anchored by a brand-new 21,000 SF ACE Hardware, which opened in April 2025. Additional tenants include H&R Block, Domino’s, and Play Time Gym, creating a diverse and service-oriented tenant mix.

With only one space remaining (approximately 2,586 SF), the property presents a rare opportunity for a restaurant or retail user to join a nearly fully leased center.

Asset Profile

  • Center Type: Neighborhood Center

  • Gross Leasable Area: 83,088 SF

  • Available Space: 2,586 SF

  • Total Land Area: 5.75 AC

  • Stores: 25

  • Parking: 600 spaces

  • Frontage: 1,000’ on East Grand Ave

  • Year Built: 1973

Market & Access

The property is surrounded by a growing population of approximately 123,000 within five miles and benefits from proximity to regional lodging and attractions, including Holiday Inn, Hampton Inn, and Great Wolf Lodge, driving consistent local and visitor traffic.

With 24-hour access, air conditioning, storage, and prominent signage at a signalized intersection, Lindenhurst Center exemplifies CommercialGRP’s ability to unlock value through strategic capital investment, tenant curation, and accelerated lease-up in established suburban retail corridors.