Overview

Description

Maple Terrace Shopping Center strip center, Walgreens, and BMO Harris Bank can be sold all together or separately. 

CBRE’s National Retail Partners - Midwest is pleased to present to qualified individuals, the opportunity to acquire 100% fee interest in Maple Terrace Shopping Center in Lisle, a shopping center located in Lisle, IL, a western suburb of Chicago, IL.

Maple Terrace Shopping Center features a strong line-up of service-oriented tenants including Starbucks, Advanced Lisle Dental, Papa John’s, UPS, H&R Block, Great Clips, Taco Dale, Jersey Mikes, Doctors of Physical Therapy and Malloy’s Finest Wine & Spirits. Additional retailers at this intersection include ALDI, AutoZone, Jewel-Osco, Athletico, Dunkin, CD One Price Cleaners, McDonald’s, Taco Bell and KFC among others. The Property is located at the northeast corner of Maple Avenue and Lincoln Avenue which has a combined traffic count of 40,300 vehicles per day.

Maple Terrace Shopping Center offers incoming investors the ability to spin off components of the asset at accretive values. Walgreens and BMO are separately parceled, increasing the feasibility of this arbitrage opportunity. Additionally, Malloy’s Finest Wine & Spirits is being retained at a below-market rent on a month-to-month basis giving the Landlord the unique ability to replace this tenant at market rent and significantly boost the NOI and WALT.

Maple Terrace Shopping Center is being offered at an 7.00% Cap Rate ($14,723,871). 

Highlights

• Strong Reported Sales (Walgreens)
• Cap Rate Arbitrage Opportunity
• Value-Add Through Lease-Up
• Dedication to the Site
• Busy Retail Intersection
• Incredible Accessibility & Visibility
• Dupage County Taxes
• Attractive Primary Trade Area

Documents

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