Twin Center

Highlights:

• Unique Value-Add Opportunity • Twin Centers offers investors a unique value-add opportunity through converting gross and modified gross tenants to triple net recovery structures. As shown by the 5-year NOI CAGR of 2.90%, this presents a clear upside opportunity to enhance recoverability and driving NOI growth.
• Diverse and Established Tenant Mix • Twin Centers features a balanced mix of service providers, retailers, and restaurants, offering stability and resilience across economic cycles. Further, several tenants have operated at the Property for over a decade, underscoring their long-term commitment and the center’s strong presence and recognition within the local community.
• Excellent Visibility Along Ogden Ave • Twin Centers enjoys a prime location along Ogden Avenue, also known as Route 34, one of Naperville’s most heavily trafficked and vital east-west corridors. This strategic positioning offers outstanding visibility with approximately 29,100 vehicles passing daily.
• Located in One of Chicago’s Most Desirable Suburbs • Twin Centers benefits from its location in Naperville, a city consistently recognized as one of the best places to live in the U.S. (Niche), driven by top-rated schools, a strong housing market, and exceptional safety. Further, the Property is located less than two miles from Naperville’s vibrant downtown, offering a mix of dining, retail, and entertainment options.
• Affluent, Desirable Trade Area • The Property draws from a highly desirable trade area characterized by strong household incomes (2 MI: $176,517) and robust consumer spending power (2 MI: $102,808), supporting healthy retail performance and long-term success.
• DuPage County Advantage – Lower Tax Exposure • The Site is located within DuPage County, which has considerably less tax exposure than neighboring Cook County, contributing to it being one of the most desired sub-markets for Chicago commercial real estate. By residing in DuPage County, Twin Centers allows an investor to enjoy a more reasonable expense load and likely being able to push rents more aggressively than in some higher tax markets.

Description:

CBRE NRP-Midwest is pleased to present qualified investors the opportunity to acquire Twin Centers, a 22,500-square-foot neighborhood unanchored retail center in the heart of Naperville – one of the most desirable and affluent suburbs in the Chicago MSA.

Situated less than two miles from Naperville’s vibrant downtown and along the high-traffic Ogden Avenue corridor, Twin Centers benefits from outstanding visibility in a dense, high-income trade area. Located in DuPage County, the property also enjoys lower tax exposure than neighboring Cook County, contributing to stronger margins and long-term rent growth potential.

The Property’s strong local identity, combined with below-market lease structures, offers investors both stable cash flows and clear upside potential in one of the Midwest’s most dynamic suburban markets.

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