Features
- Neighborhood Strip Center Leased to an Excellent Mix of Food and Service Tenants
- Diversified Income Stream with 10 out of 11 Tenants Accounting for Less than 76 Percent of Total Base Rent
- Leases Feature Annual Rent Increases, Providing an Investor with an Optimal Hedge Against Inflation | Five-Year CAGR of 2.58 Percent
- Highly Stable Rent Roll | Weighted Average Lease Term (WALT) of 5.34 Years
- 0.2 miles from 47th Street Exit of Lake Shore Drive, which sees 108,300 vehicles per day
- 0.2 miles from Kenwood (47th Street) Metra Train Station | Metra Served 3.68 Million Passengers in 2025
- 508 Multi-family Units Located within a Quarter-Mile, 3,096 Units within a Half-Mile and 11,576 Units Located within a Three-Quarter Mile Radius of the Property
- Positioned at Hard Corner, Signalized Intersection with Large Pylon Sign
Contact
ADRIAN MENDOZA
Senior Managing Director
Tel:Â (630) 570-2163
adrian.mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock
