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Lee & Associates Negotiate $1.5M Purchase of Retail Shopping Center

Lee & Associates Negotiate $1.5M Purchase of Retail Shopping Center

Lee & Associates, one of the largest national commercial real estate providers, recently negotiated a $1.5M purchase of an 18,600-SF multi-tenant retail strip center located at 649-655 Railroad Avenue in Round Lake, Illinois. Rick Scardino from Lee & Associates represented the buyer La Luz Bakery while Tyler Dechter from Baum Realty represented the seller Mon Ami Realty LLC.

The renovated retail strip center is situated across from Round Lake METRA Station and is 100% occupied by five diverse tenants including a banquet hall, barber shop café toddler indoor playground and martial arts studio; it’s also shadow anchored by ACE Hardware Dollar Tree and Lakes Bowl.

Established in 1979 Lee & Associates has grown to become an international firm with offices throughout the United States and Canada offering clients comprehensive real estate services such as brokerage integrated services construction services among others tailored to meet their needs.

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