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Thursday, May 10, 2018

New strip mall planned near Wandermere

A small new strip mall is in the works for the vacant lot at 11921 N. Division, just to the south of the Wandermere area. Planned is a 6900 square foot building with up to four storefronts, one being specifically geared towards a new restaurant as it would include a patio and drive through lane.

Construction will likely begin sometime this year as the building is to be complete by March of 2019. Of the 4 storefronts one is leased, a space with a little more the 2100 square feet on the end but no news as of yet about what business will lease that space. The remaining spaces are up for lease and are being marketed by NAI Black. Currently space is leasing for $24 per square foot in line or $30 per square foot for the end cap restaurant space.

Below is an example rendering of the purposed new building-


For more information about leasing space at this new strip mall contact Terry McAleer at NAI Black or visit http://naiblack.com

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