Shopping Strip
Aldi Shadow Anchored Center
2535 W 95th St, Evergreen Park, IL 60805
Listing Price: $4,898,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer a fully occupied two-tenant center with Aldi as the shadow anchor. K&G Fashion Superstore, a long-standing tenant since 2005, has over seven years remaining on its lease and scheduled rental increases of 6% to 8% every five years. Additionally, PK Salon Suites recently signed a new 10-year lease with annual rental increases.
K&G is the top performing K&G in the nation, state, and locally by visits according to Placer.ai. The surrounding area boasts top-performing stores like Walmart (2.7 million visits), Menards (1.6 million visits), and Meijer (1.4 million visits). The center is also just 0.3 miles from Evergreen Plaza Shopping Center with over 5 million visits recorded in the last year.
The property is situated in a densely populated retail area, with 29,400 vehicles passing by daily on 95th Street. It enjoys proximity to major retailers like Mariano’s, PetSmart, Walmart Supercenter, and Sam’s Club. Additionally, it is conveniently located near Little Company of Mary Hospital and a wide range of other retailers and amenities.
In terms of demographics, the property benefits from being in an affluent market, with an average household income of $124,883 within a mile radius. The area is home to over 19,000 residents and attracts over 20,000 workers within the same radius. Its strategic location, with easy access to Downtown Chicago and Midway International Airport, further enhances its appeal to tenants and visitors alike.
Aldi Shadow Anchored Center
Investment Highlights
- Fully Occupied Two-Tenant Center Shadow-Anchored by Aldi
- K&G is the Top Performing K&G in the Nation, State, and Locally by Visits (Placer.ai) | Over Seven Years of Term Remaining
- PK Salon Suites Recently Executed a New 10-Year Lease with Annual Rental Increases
- The Area is Surrounded by Top Performing Stores (Placer.ai) Z| Situated Across the Street from 91st Street Mall | Top Visited Tenants Include Walmart (2.7 Million Visits), Menards (1.6 Million Visits), and Meijer (1.4 Million Visits)
- Situated on 95th Street with 29,400 Vehicles Passing Daily
- Average Household Income of $124,883 Within One Mile Avg HH Income of $124,883 Within One Mile and a Population of 19,170
Listing Price: $4,898,000
Investment Highlights
- Fully Occupied Two-Tenant Center Shadow-Anchored by Aldi
- K&G is the Top Performing K&G in the Nation, State, and Locally by Visits (Placer.ai) | Over Seven Years of Term Remaining
- PK Salon Suites Recently Executed a New 10-Year Lease with Annual Rental Increases
- The Area is Surrounded by Top Performing Stores (Placer.ai) Z| Situated Across the Street from 91st Street Mall | Top Visited Tenants Include Walmart (2.7 Million Visits), Menards (1.6 Million Visits), and Meijer (1.4 Million Visits)
- Situated on 95th Street with 29,400 Vehicles Passing Daily
- Average Household Income of $124,883 Within One Mile Avg HH Income of $124,883 Within One Mile and a Population of 19,170
Investment Overview
Marcus & Millichap is pleased to exclusively offer a fully occupied two-tenant center with Aldi as the shadow anchor. K&G Fashion Superstore, a long-standing tenant since 2005, has over seven years remaining on its lease and scheduled rental increases of 6% to 8% every five years. Additionally, PK Salon Suites recently signed a new 10-year lease with annual rental increases. K&G is the top performing K&G in the nation, state, and locally by visits according to Placer.ai. The surrounding area boasts top-performing stores like Walmart (2.7 million visits), Menards (1.6 million visits), and Meijer (1.4 million visits). The center is also just 0.3 miles from Evergreen Plaza Shopping Center with over 5 million visits recorded in the last year. The property is situated in a densely populated retail area, with 29,400 vehicles passing by daily on 95th Street. It enjoys proximity to major retailers like Mariano’s, PetSmart, Walmart Supercenter, and Sam’s Club. Additionally, it is conveniently located near Little Company of Mary Hospital and a wide range of other retailers and amenities. In terms of demographics, the property benefits from being in an affluent market, with an average household income of $124,883 within a mile radius. The area is home to over 19,000 residents and attracts over 20,000 workers within the same radius. Its strategic location, with easy access to Downtown Chicago and Midway International Airport, further enhances its appeal to tenants and visitors alike.
