Investment Highlights: Top Performing Chicago MSA Walmart Location • Largest Suburban Trade Area - Anchored By Woodfield Mall (27M Annual Shoppers) • Recent $3M Renovation Completed By Walmart • Absolute Corporate NNN Lease - No Landlord Responsibility • Irreplaceable Retail Location - Situated at the Intersection of Golf Rd. & Algonquin Rd. (61,600 VPD) • World's Largest Company - Walmart Stores, Inc. has $482B in Revenue and AA/Stable (S&P) Credit Rating
Investment Highlights: Possibility for New Sam's Club Concept to Occupy Space • Significant Value-Add Opportunity by Re-Leasing Space • Four Years of Term Remaining • Absolute NNN • Largest Suburban Trade Area - Anchored By Woodfield Mall (27M Annual Shoppers) • Irreplaceable Retail Location - Situated at the Intersection of Golf Rd. & Algonquin Rd. (61,600 VPD) • World's Largest Company - Walmart Stores, Inc. has $482B in Revenue and AA/Stable (S&P) Credit Rating
Urban infill location with ±55 parking spaces just 8 miles NW of Downtown Chicago • 96% occupied shopping center with X frontage along Pulaski Road • 14 suites with a diverse mix of complementary internet resistant national, regional and local tenants • ±29,764 square feet of rentable building area offering rare on-site customer parking • Below market rents create long term added value, most on net leases • Prime location just north of the six-way intersection of Pulaski, Montrose, and Elston featuring exposure to 72,000 VPD • Four (4) CTA ‘L’ Stations within 1-mile totaling over 4M passengers in 2016 • Population of 63,617 people within a 1-mile radius with an average household income of $73,000
Investment Highlights: Absolute NNN Ground Lease - No landlord responsibilities • Signalized Hard Corner Location - Provides expsosure to 81,400 VPD • Strong National Co-Tenancy - Nearby retailers include: Super Target, Marshalls, CVS, Chili’s, Chase Bank, Starbucks, Panera, AutoZone, Wendy’s, Verizon, AT&T, Taco Bell, UPS, and more. • Increasing Deposits – More than $55M deposit base that is trending upwards and has increased by 55% since 2011. • Strategic Market Location – Only Bank of America branch in Streamwood; nearest is 4.5 away • Excellent Demographics – 12,000 people with an average household income of $101,000 within 1 mile and 86,000 people within 3 miles of the site. • Investment Grade Credit – Bank of America has $2.14 trillion in assets and holds investment grade credit of A+ (S&P).
Long Term Lease: Physicians Immediate Care has a new firm 15 yr. corporate lease with rent increases every 5 years and two, 5-year options. • Corporate Guarantor: The lease is guaranteed by Presence Health, a leading hospital system in IL with more than 150 locations including 12 hospitals. • Relocation Facility: The tenant is relocating to a new freestanding building showing growth with an already established client base in the market. • E-Commerce Resistant: Physicians Immediate Care is unaffected by e-commerce retail giants providing long-term stability. • Thriving Suburban Market: Park Ridge is anchored by The Shops of Uptown, a Trader Joe’s anchored mixed-use development with 70,400 SF of retail, and Whole Foods; both are within ¼ mile. • Strong National Co-Tenancy: Nearby retailers include Chipotle, Mattress Firm, Starbucks, Five Guys, Chase, Citibank, Potbelly, Massage Envy, Jersey Mike’s, and more. • New Construction: Physicians Immediate Care will occupy a newly constructed building limiting future deferred maintenance. • Affluent Chicago MSA Location: More than 21,000 residents and a household income in excess of $140,000 within 1 mile. • Limited Landlord Responsibilities: Tenant is responsible for all maintenance except for structure.
Huge Traffic Exposure – Signalized hard corner location with 82,000 VPD • 10-Year Lease with No Early Termination – New 10-year net-lease with 10% rent increases every 5 years and 4, 5-year options • 2017 BTS Construction – The 2,500 SF building is above average footprint for SBUX and features a drive-thru • 5 Minute Drive to ORD – O’Hare International Airport is the world’s 2nd busiest airport and caters to 78M annual passengers • Dense Submarket – Daytime population of 54,000 and avg. HHI of $68,000 within 2 miles • Minimal LL Maintenance – Starbucks maintains the building and premises including parking areas, landscaping, HVAC, and snow removal • Investment Grade Credit – SBUX (NASDAQ) has revenue of $21+ billion and an S&P credit rating of A
Investment Highlights: Corporate Tenant – American Blue Ribbon operates more than 690 restaurants in the U.S. and has annual revenue of $1.3B • Below Market Rent – Bakers Square is paying under $23 PSF, which is significantly below market rent • Absolute NNN Lease – Zero landlord maintenance responsibility • Next to Orland Square Mall – The 1.23M SF regional mall is anchored by Macy’s with specialty retailers such as Apple, Coach, and Pandora • Heavy Daytime Traffic Exposure – Direct access to S. LaGrange Rd. (44,200 VPD), which is completing a $95M lane widening project • Established Retail Market – Orland Park has over 5M SF of retail space and ranks 5th in the suburban Chicagoland area in retail sales volume at $1.67B and growing • Dense Chicago MSA Location – More than 70,000 residents with an avg. household income over $94,000 and a daytime population of 54,000 within 3 miles
Long Term Lease – Family Dollar has 9.5 years remaining with 3, 5-year options and 10% rent increases every 5 years. • Corporate Tenant – Family Dollar is a wholly-owned subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR) who is rated BB+ / positive by S&P and has annual revenues in excess of $20B. • Nearby Interstate Access – Full interchange access to I-90/94 (276,900 VPD) is just east and connects the site to downtown Chicago, which is 11 miles north. • Next to CTA ‘L’ Red Line Station – The CTA ‘L’ Red Line 95th/Dan Ryan station is just east of the site and ushers in more than 3.5M riders per year. • 2017 Renovation – The site was renovated in 2017 and features a recently replaced roof and brand new HVAC units with warranties. • Ideal City of Chicago Location – More than 107,000 residents with an average household income of $53,000 and a daytime population of 65,000 people within 2 miles.
Long Term Ground Lease – Checkers has 12 years of lease term remaining with no landlord maintenance responsibilities. There are 4, 5-year extension options and 10% rent increases every 5 years • Growing Corporate Tenant – Checkers has 850 locations with plans to have 1,200 restaurants by 2020. Avg. store sales have grown for 6 straight years • 3 CTA Stations within 1.5 Miles – There are two Green Line stations (588,000 passengers) and one Red Line station (1.04M passengers) within 1.5 miles of the sites • Easy Interstate Access – I-90/94 (327,900 VPD) is 1.5 miles directly east and leads directly to downtown Chicago • Signalized Hard Corner – Situated at the SEC of Ashland Ave. and 63rd St. which provides exposure to 47,780 VPD • Primary Market Location – More than 168,000 residents, 51,600 households, and a daytime population of 87,680 within 2 miles
Annual Rent Escalations – 1.50% annual rent increases provide solid asset appreciation. Next rent increase is 11/1/2017 • Recent Roof Repair – Roof shingles were repaired, limiting short-term maintenance expenses for an investor • Nearby National Retailers – Immediate anchors include: CVS, Kroger, Meijer, Target, Hobby Lobby, ALDI, PNC Bank, Huntington Bank, Panda Express, Walgreens, and more • Taylor Road Elementary – The school is directly across the street making it convenient for parents to drop-off and pick-up from multiple schools in one trip • Expanding Tenant – Rainbow Child Care has 120 facilities across 15 states with plans for 12 new sites in 2017 and early 2018 • Affluent Area – More than 62,000 residents with an average household income of $80,500 and 24,800 households within 3 miles
Value-Add Opportunity – A buyer has the ability to build approximately 2,000 sf of additional retail on the adjacent land that is included. • Recent T-Mobile Extension – Wireless Vision is one of the largest T-Mobile franchisees (500+ stores) in the country and recently exercised their second 5 Yr. extension option. • Convenient Access to I-70 – Full interchange access to I-70 (118,915 VPD) is less than 1 mile south and connects the site to downtown Kansas City, which is 11 miles west. • National Retailer Presence – National Co-Tenancy includes Walmart Neighborhood Market, U.S. Bank, CVS, Advance Auto Parts, Firestone, Domino’s Pizza, Walgreens, McDonald’s, Bank of America, Wendy’s, and more. • Experienced Liberty Tax Franchisee – The franchisee has been with Liberty Tax for 15 years and this was a relocation store for the operator in 2009. • Strong Population – More than 78,000 residents with an average household income approaching $58,000 and a daytime population of 55,000 within 3 miles.
Recently built hard-corner site. Located at the NWC of Madison Street & Laramie Avenue in the South Austin retail corridor. 15 dedicated retail parking spaces. Area retail includes Walgreens, Metro PCS, US Bank, KFC and McDonalds.