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
Signalized Hard Corner – Situated at the intersection of S. Cicero Ave. and W. 87th St. featuring exposure to approximately 77,000 VPD. • Dense Retail Corridor – A 272,000 SF shopping center is across the street and is anchored by Fairplay Foods, LA Fitness, and Homeowners Bargain Outlot. Other nearby retailers include: Jewel-Osco, Lowe’s, Toys R Us, AutoZone, Just Tires, PNC Bank, and more. • 1.5 Miles from Advocate Christ Medical Center – The 749-bed hospital sees more than 100,000 patients annually making it one of the busiest trauma centers in the state. • Strong Store Sales – Walgreens has been at this location for over 14 years and has above national average store sales. • Near Midway International Airport – The regional hub for Southwest Airlines is 3.5 miles north and caters to more than 22M annual passengers, adding to the dense local population. • Dense Chicago MSA Demographics – Close to 90,000 residents with an average household income of $71,000 and a daytime population of 64,000 within 2 miles. • Investment Grade Credit – Walgreens Boots Alliance had FYE 2016 revenue of $117B with investment grade credit of BBB (S&P).
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).
New 10 Year Lease – Blaze Pizza is the “Fastest Growing Pizza Concept” in the US with more than 150 locations and projected 2016 revenue of $187M • Major Regional Mall Outlot – Orland Square Mall (1.23M SF) is anchored by: Macy’s, JCPenney, Carson Pirie Scott, and Sears • Strong Historical Occupancy – Pearle Vision has occupied the site for over 25 years • Heavy Daytime Traffic Exposure – Frontage along LaGrange Rd. (44,200 VPD), which is finishing 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 • Limited Landlord Responsibilities – The NNN nature of the leases provides ownership with minimal maintenance obligations
Brand New Construction - The freestanding build-to-suit property will feature the brand' s latest design and includes a drive-thru lane • Starbucks Evenings Concept - Starbucks can sell beer and wine at this location, capturing additional revenue during evening hours • Minimal Competition - This is the only Starbucks with drive-thru within 3 miles • Long Term Lease - Recently executed 10 year lease with 10% rent increases every five years • There is no early termination rightNational Retailer Presence - National Retailers include: Mariano' s Fresh Market, CVS, McDonald' s, Chase Bank, Burger King, Ace Hardware, and Taco Bell • Affluent Demographic Profile - More than 116,000 residents with an average household income of $95,500 within 3 miles
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
New Relocation Store – Starbucks is relocating from a highly successful inline store nearby that has over 10 years of operating history • Long Term Lease – Recently executed 10 year lease with 10% rent increases every five years. There is no early termination right • Brand New Construction – The freestanding build-to-suit property will feature the brand’s latest design and includes a drive-thru lane • Robust Daytime Traffic – Busy 6-way intersection provides exposure to over 58,300 vehicles per day • Minimal Competition – This is the only drive-thru Starbucks within 5 miles of the site • Major Regional Draw – Across from the 1 million sf Randhurst Village lifestyle center featuring Costco, Home Depot, AMC Theaters, World Market, Carson Pirie Scott, PetSmart, Bed Bath & Beyond, and T.J. Maxx, among others • Affluent Demographic Profile – 124,000 residents with an average household income of $94,000 within 3 miles • Investment Grade Credit – Starbucks is rated A- by S&P