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Party City

3329 South Veterans Parkway | Springfield, IL

Price

$2,750,000

Cap Rate: %

Lead Broker

Investment Highlights

  • Party City is a publicly traded company (NYSE: PRTY) with a market capitalization of $975 million
  • Party City relocated to this property in 2016 from a smaller nearby location
  • Strong reported store sales
  • Only Party City location serving the Springfield community

Location Highlights

  • Located in Springfield which is the capital of Illinois
  • Located within a regional retail destination that includes Walmart Supercenter, Target, Meijer, Menards, Hobby Lobby, Lowe’s, Sam’s Club, Best Buy, White Oaks Mall (Simon Property Group owned) and many others
  • Positioned adjacent to the most trafficked Hobby Lobby in Illinois and a top 79% most trafficked Hobby Lobby nationally, according to Placer.ai
  • Located along the heavily trafficked South Veterans Parkway (34,000 VPD)
  • Affluent surrounding area with average household incomes of approximately $100,000 within three miles
  • Positioned just north of Interstate 72
  • Over 95,000 people living within five miles

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031