Shopping Neighborhood
High Barrier of Entry Affluent North Shore Retail Center
60-126 Skokie Blvd, Wilmette, IL 60091
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to exclusively offer Wilmette Commons, a shopping center anchored by Chase Bank in a high-barrier-of-entry market with households averaging $164,000 annually. This center offers long-term tenancy; four tenants have been in the center for 17 years or more; two tenants have occupied the space since 1987 when the building opened. Many of the tenants are service-based and internet-resistant. The majority of the tenant's leases have annual rental increases. It is an irreplaceable location; situated one block from the super regional Westfield Old Orchard Shopping Mall, an upscale outdoor mall with major brand name tenants, including Bloomingdale’s, Nordstrom, Macy’s, Lululemon, Apple, The Hampton Social, Maggiano’s, Starbucks, and many more. Positioned at a stoplight intersection, the center sees over 24,350 vehicles per day. Interstate 94 is 1.1 miles away with 129,300 vehicles passing per day. The center caters to the 141,400 people who live within a three-mile radius.
High Barrier of Entry Affluent North Shore Retail Center
Investment Highlights
- Shopping Center Anchored by National Tenant Chase Bank with $169 Million in Deposits Reported (July 1, 2020 to June 30, 2021)
- High Barrier of Entry Market
- 12 of 14 Tenants have Annual Rental Increases
- One Block from Super Regional Westfield Old Orchard Shopping Mall | Major Tenants Include Bloomingdale's, Nordstrom, Macy's, Lululemon, Apple, The Hampton Social, Maggiano's, Starbucks, and Many More
- Average Household Income of $164,578 Within Three Miles
- Over 141,400 People Live Within Three Miles of the Subject Property
Shopping Neighborhood
High Barrier of Entry Affluent North Shore Retail Center
Listing Price: Request For Offer
Investment Highlights
- Shopping Center Anchored by National Tenant Chase Bank with $169 Million in Deposits Reported (July 1, 2020 to June 30, 2021)
- High Barrier of Entry Market
- 12 of 14 Tenants have Annual Rental Increases
- One Block from Super Regional Westfield Old Orchard Shopping Mall | Major Tenants Include Bloomingdale's, Nordstrom, Macy's, Lululemon, Apple, The Hampton Social, Maggiano's, Starbucks, and Many More
- Average Household Income of $164,578 Within Three Miles
- Over 141,400 People Live Within Three Miles of the Subject Property
Investment Overview
Marcus & Millichap is pleased to exclusively offer Wilmette Commons, a shopping center anchored by Chase Bank in a high-barrier-of-entry market with households averaging $164,000 annually. This center offers long-term tenancy; four tenants have been in the center for 17 years or more; two tenants have occupied the space since 1987 when the building opened. Many of the tenants are service-based and internet-resistant. The majority of the tenant's leases have annual rental increases. It is an irreplaceable location; situated one block from the super regional Westfield Old Orchard Shopping Mall, an upscale outdoor mall with major brand name tenants, including Bloomingdale’s, Nordstrom, Macy’s, Lululemon, Apple, The Hampton Social, Maggiano’s, Starbucks, and many more. Positioned at a stoplight intersection, the center sees over 24,350 vehicles per day. Interstate 94 is 1.1 miles away with 129,300 vehicles passing per day. The center caters to the 141,400 people who live within a three-mile radius.
