Egg Harbor & The Perfect Thing
Wheaton, IL 60187
Egg Harbor & The Perfect Thing Logo Image
208 S. Hale Street
Wheaton, IL 60187
  • Asking Price: $3,510,000
  • Cap Rate: 7.00%
  • Property Type: Retail
  • Status: Available
PROPERTY DETAILS:

Long-Term Lease There is a long-term lease in place with Egg Harbor Café, who recently signed an early 10-year lease renewal. Future Upside Potential The offering includes two separate parking lots, a rare amenity for downtown Wheaton. In addition The Perfect Thing is currently paying under market rent. Strong Rent Increases Both tenants feature 2% annual rent increases during the primary term and option periods. Wheaton Metra Station Located less than one block from the Wheaton Metra Train Station where an estimated 1,500 passengers board this station each weekday. Ranked #1 Best Place to Live in Illinois Wheaton is ranked as Illinois #1 “Best Place to Live” by Money Magazine in 2019. The magazine ranked Wheaton as the #27 “Best Places to Live” in the country. Additionally, Wheaton College (5-minute walk) is consistently ranked one of the top private colleges in the country.