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
Fully occupied, two-story building with two retail tenants and two office tenants • US Bank (S&P AA- / Stable) accounts for 64% of the gross rental income • Annual escalations in all four leases: US Bank - 3.0%, I Love Kickboxing - 2.5%, CoreFX - 3.0%, Country Financial - 2.0% • Prime location with excellent visibility and accessibility along Western Avenue - adjacent to a public parking lot • 375 feet to the south is the CTA Western Brown Line ‘L’ Station that had a total of 1,316,310 passengers in 2016 • Strong vehicular counts of over 53,000 VPD at the intersection of Western and Lawrence Avenues • Population of 61,382 people within a 1-mile radius with an average household income of $94,000+
Corporate Family Dollar (NASDAQ: DLTR; S&P: BB+), Credit Tenant • 5-years remaining on 1st option period • 10% rental increases at the beginning of each option period • NN Lease - limited landlord responsibilities (roof & structure only) • Transit Oriented Development (“TOD”) eligible site - numerous recent zoning changes have set precedent to provide significantly more density • Adjacent to the CTA California Blue Line ‘L’ Station that had a total of 1,653,626 passengers in 2016 (3.0% increase) • Irreplaceable location on Milwaukee Avenue in the thriving Logan Square neighborhood with access to numerous modes of transportation • Population of 65,510 people within a 1-mile radius with an average household income of $86,000+
Baum Realty Group has been exclusively retained by ownership to sell the newly constructed AT&T (corporate) property located in Maplewood (St. Paul), MN. The property is anchored by the Maplewood Mall which features more than 130 stores. This enhances daily traffic counts along White Bear Avenue and Highway I-694, boasting 35,400 VPD and 96,000 VPD, respectively.
Baum Realty Group, LLC has been exclusively retained by ownership to market for sale a newly remodeled, build-to-suit property, leased to Nick’s Pizza and Pub. The property features a brand new 15-year Absolute NNN lease, with zero landlord maintenance responsibilities. Located six miles northwest of the CBD, Chicago’s Lincoln Square neighborhood features a diversified array of restaurants, bars and boutiques. The site is strategically located within an extremely dense demographic of 247,800 people within 2 miles, earning an average household income of $98,000 annually. The property is being offered “free and clear” of any existing debt, providing an excellent opportunity for a buyer to finance the transaction at today’s market rates.
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.
Investment Grade Credit – Advance Auto Parts is BBB- investment grade credit and is a leading automotive aftermarket retailer with over 5,200 locations. • Strong Exposure – The site is situated near the signalized hard-corner of Pulaski and 47th Street, providing exposure and visibility to more than 55,300 VPD. • Dominant Commercial Thoroughfare – Pulaski is a dominant north-south commercial thoroughfare with nearby retailers including, Target, Pete’s Fresh Market, Michaels, PetSmart, Marshalls, Walgreens, Starbucks, and many others. • Nearby Regional Access – The property is one mile south of the I-55 Expressway and the CTA ‘L’ Orange Line station is ½ mile south, serving 1.4 million passengers annually. • Dense City of Chicago - There are over 344,00 residents earning average household incomes of $52,500 within 3 miles of the property.
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
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.
Chipotle is located in Effingham, the heart of central Illinois, which is also the county seat of Effingham County. The building was completed in 2016. It consists of approximately 2,284 square feet and is situated on 0.59 acre parcel with 43 parking spaces. The property features two primary curb cuts along Keller Drive (SR-33) with additional access provided by an easement with the properties to the north and to the south. Also, the city recently built a new access road to the south, Damron Court, which connects Chipotle with Panera Bread, Panda Express and Keller Drive. Directly adjacent north of the subject property is a Steak ‘n Shake and directly adjacent south is a brand new Panera Bread that is currently under construction. The site benefits from a 109-foot pylon sign, which provides exceptional visibility to the interstate and the surrounding market.