Ridgemont Shopping Center Sold For $17M In Park Ridge With Brokers From Marcus & Millichap And Jeffery Realty

The Ridgemont Shopping Center, a retail property located at 177 Kinderkamack Road in Park Ridge, recently sold for $17,000,000. Covering an area of 71,650 square feet, the property has a price per square foot of $237. Lidl serves as the anchor tenant, while other tenants include Staples, Chase, and Starbucks.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $17,000,000
• Square Footage: 71,650 SF
• Price per Square Foot: $237
• Address: 177 Kinderkamack Road
• Market: Park Ridge

Marcus & Millichap's Alan Cafiero, David Cafiero, and John Moroz, along with William (Bill) Farkas from Jeffery Realty, were involved in representing the transaction. Their collaboration resulted in the successful sale of this retail asset.