Investment Overview

Marcus & Millichap is pleased to exclusively offer a Noodles & Co. anchored center. All inline tenants operate under net leases with regularly scheduled rent increases. Noodles & Co. has six years remaining on term and a 13-year operating history. There is a new tenant Cedarwood Cigars and Zoup! has been a tenant since 2016 with approximately four years remaining. There is an additional income stream through the 10-year EV charging station lease. The center is an outparcel to Woodgrove Festival Shopping Center anchored by Kohl's. It's situated in Woodridge's retail corridor with considerable vehicle traffic; 75th Street offers 28,000 vehicles, Lemont Road with 18,900, and just two miles out, Interstate 355 has 120,200 vehicles passing per day. The area is a highly favorable area, with low real estate taxes and a dense, affluent population. There are over 102,000 people who live within three miles, 100,000 people who work within a mile, and an average household income of $132,142 within five miles of the subject property.