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
Olive Branch Airport – 1 mile south of the Olive Branch Airport which averages 156 daily flights • Strong Store Sales – The site reports above average store sales indicating a healthy location for the company • Excellent Market Positioning – The site is ideally positioned at the intersection of Hacks Cross Rd. and MS-302 featuring combined traffic counts of 49,000 VPD. MS-302 is the primary east/west thoroughfare and connects to US Hwy 78 • Projected Population Growth – The population is projected to increase by 8% between 2017-2022 which should continue to support sales expansion at the store • Long Term NNN Lease – There are just under 14 years of term remaining on the absolute NNN lease with multiple 5 year-options • Investment Grade Credit Tenant – Walgreens (NASDAQ: WBA) has revenue of $118B and holds investment grade credit of BBB with S & P.
NNN Lease with Rent Increases – CVS has 9.5 years remaining with four, 5-year options and 10% rent escalations in the options • Easy Access to Public Transit – 5 CTA ‘L’ stations with 1 mile providing over 4.82M passengers in the area • Signalized Hard Corner – CVS is located at the signalized hard corner of N. Damen Ave and W. Lawrence Ave, combining for 37,400 VPD • Rare Parking and Drive-Thru – CVS has 20 reserved parking spaces and a drive-thru providing excellent access for customers • Dense Chicago Location – Approximately 63,000 residents with an average household income of $98,000 within 1 mile • Investment Grade Credit Tenant – CVS is rated BBB by S&P and has annual revenue in excess of $184B
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 $62M deposit base that is trending upwards and has increased by 70% since 2012 • 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 $2.18 trillion in assets and holds investment grade credit of A+ (S&P).
Investment Grade Credit – Advance Auto Parts is BBB- investment grade credit and is a leading automotive aftermarket retailer with over 5,200 locations. • Dense Chicago Neighborhood – There are over 312,400 residents earning average household incomes of $81,000 within 2 miles of the property. • Minimal Competition – This is the only national auto-parts retailer within 3 miles and combined with high barriers to entry, will provide long-term success for the tenant. • Nearby Regional Access – The property is 1 mile west of the I-90/94 Expressway which leads 7 miles southeast to downtown Chicago and 7 miles west to O-Hare Int. Airport. • Primary East-West-Thoroughfare – The site is located along Montrose Avenue with exposure to more than 22,300 VPD. Other retailers in the area include: Starbucks, Walgreens, McDonald’s, Chase Bank, Wendy’s, and many others.
Near $10B Manufacturing Development – Foxconn Technology Group is building a 1,200-acre manufacturing facility that is scheduled for completion in 2020 and will employ 13,000 people • Long Term NNN Ground Lease – 10+ years of term remaining with 4, 5-yr options and 10% rent increases • Rare Long Term Corporate NNN Ground Lease – 10+ years of term remaining with 4, 5-yr options and 10% rent increases. Buffalo Wild Wings has 1,250+ locations and was recently acquired by Inspire Brands, which has total annual systemwide sales of $7.6B • Regional Mall Outlot – The site is an outlot to the 810,000 SF Regency Mall, featuring Burlington, Ross Dress for Less, Joann Fabrics, Party City, and more. The mall is currently undergoing a $7.5M renovation • Strong National Retailer Presence – Additional retailers in the area include Target, Walmart, Menards, The Home Depot, Pick ‘n Save, Michaels, T.J. Maxx, McDonald’s, Starbucks, and Taco Bell, among others • Project Stadia Concept – The site features Buffalo Wild Wings modern “Stadia” concept which on average generate higher sales than regularly branded restaurants.
Investment Grade Credit – Advance Auto Parts is BBB- investment grade credit and is a leading automotive aftermarket retailer with over 5,200 locations. • Signalized Intersection – The site is situated at the signalized intersection of Western Avenue and Marquette Road, providing strong visibility and exposure to over 48,700 vehicles per day. • Major Auto-Service Corridor – The site is located along Western Avenue and surrounded by numerous auto dealerships and service centers. Nearby retailers include AutoZone, O’Reilly Auto Parts, Chevrolet, and Walgreens among others. • Strong Historical Occupancy – Advance Auto Parts has occupied the site for nearly 12 years, showing a strong commitment to this location.
Absolute NNN Lease - There are 6 years remaining with 4, 5-year options and 7.5% rent increases providing completely passive ownership for a buyer. • Corporate Tenant - Genuine Parts Company (NYSE: GPC) is publicly traded with sales of $16.3B and net income of $616M, providing excellent financial security. • Ideal Market Positioning - NAPA is situated in a dense auto dealership corridor, including 15 car dealerships within 2 miles, providing plenty of nearby consumers for the store. • Established Retail Corridor - Central Avenue (28,320 VPD) features top-tier national anchors including Whole Foods Market, Target, Lowe’s, Marshalls, BJ’s Wholesale Club, The Home Depot, Price Chopper, CVS, McDonald’s, and others. • Two Universities Nearby - The University at Albany and SUNY Poly are both located within 2 miles of the site and have a combined enrollment of approximately 20,000 students. • Solid Local Demographics - There are 93,000 residents with an average household income of $79,000 and 142,5000 daytime employees within 3 miles of the site.
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
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.