Silver Fox Acquires Retail Property In Yorkville For $1.34M

The retail property located at 600 E Veterans Pkwy in Yorkville has been sold in a recent transaction. The asset, situated on a high-profile corner building along heavily traveled Route 34 near Route 47, has attracted significant attention. The property was sold by the long-time owner of Blackstone Bar and Grill in Yorkville to the operator of the Silver Fox. This sale represents a significant opportunity for the new owner to establish a presence in a prime location in Yorkville's retail market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $1,340,000
• Square Footage: 5,500
• Price per Square Foot: $244
• Market: Yorkville
• Buyer: Silver Fox - DHPJ Property Group
• Seller: Blackstone Bar and Grill
• Broker: Peter Karlis - Cornerstone Commercial Real Estate

This transaction was facilitated by Peter Karlis from Cornerstone Commercial Real Estate. The broker played a key role in representing both the buyer, Silver Fox - DHPJ Property Group, and the seller, Blackstone Bar and Grill. With their expertise and negotiation skills, Karlis successfully closed the deal, allowing the Silver Fox to acquire the highly sought-after retail property in Yorkville.