3-Tenant Investment Opportunity With Corporate Guarantees

Highlights:

• Fully Stabilized Multi-Tenant Investment | Each tenant has occupied the Property since it was built in 2017. All tenant leases are guaranteed by their respective corporate entity, providing security in the income stream.
• Strong Store Sales | Chipotle and GNC's reported sales are well above the national average. Contact agents for detail.
• Ideal Unit Sizes | Each suite is between 1,200 – 2,538 square feet, which is the ideal size for restaurant, service, medical, and general retail businesses.
• Structured Rental Increases | There are 10% rent increases every 5 years during the initial term and in the option periods, which will help hedge against inflation.
• Recent Tenant Improvements | Since being acquired by T-Mobile in 2020, Sprint has re-branded all their retail operations to T-Mobile. This location has been renovated to their most recent prototype. GNC has also purchased this store from a franchisee.
• Located within Jewel-Osco Anchored Center | The Property is located within a grocery-anchored center with other tenants like Floor & Decor, Wendy’s, and Home Furniture Outlet. Additionally, the Property is immediately across the street from a Home Depot, Marshall’s, Food 4 Less-anchored center and adjacent to a Walmart Supercenter, Planet Fitness, Lowe’s-anchored center.
• Located Right off I-94 Freeway that Leads to Downtown Chicago (10 Miles Away) | The Property has freeway visibility from I-94, which experiences extremely high traffic counts of 233,900 cars/day
• Large Lot in High Barriers to Entry Location | The Property sits on an almost full acre (0.94 acre) lot. It is also within close proximity to Chicago State University (2,620 Students and 1.8 miles away).
• Extremely Dense Chicago Demographics | The Property is in a dense, infill trade area featuring over 237,700 residents and average household incomes exceeding $70,000 within a 3-mile radius and nearly 600,000 residents and average household incomes exceeding $74,000 within a 5-mile radius.
• Residential and Commercial Proximity | The Property is conveniently surrounded by residential and commercial properties, enhancing daytime and evening foot traffic.

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