Tyler Creek Plaza

Tyler Creek Plaza

$3,324,000 | 7.50%

Elgin, Illinois

Download OM

Features

  • 100 percent occupied by restaurant and service based tenants
  • #1 ranked Wingstop in the state and top two percent nationwide (Placer.ai) | Rosati’s Pizza has been a tenant for over 42 years and has seven years remaining
  • All tenants operate under net leases with management fee reimbursement
  • Scheduled Rental Increases | Wingstop offers 15 percent rent increases every five years while the balance of tenants have 3% annual rent increases
  • Part of the greater Tyler Creek Plaza, anchored by grocer, Frank’s Freshway Market | Recently remodeled
  • 1.4 miles from Interstate 90 on/off ramp with 108,800 VPD | 1 mile from the Metra train station for the MD-W line with over 2.7 million annual riders
  • Surrounded by Elgin’s industrial corridors | Large employment area with 87,537 people working within a three-mile radius

Contact

ADRIAN MENDOZA
Senior Managing Director
Tel: (630) 570-2163
adrian.mendoza@marcusmillichap.com

* Broker of Record: Steven Weinstock

View All Listings