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Shopping Neighborhood

High Barrier of Entry Affluent North Shore Retail Center

60-126 Skokie Blvd, Wilmette, IL 60091

Listing Price: Request For Offer

Gross SF
35,307
Rentable SF
35,307
Lot Size
2.50 acres
Year Built
1987

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.

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

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

Shopping Neighborhood

High Barrier of Entry Affluent North Shore Retail Center

Listing Price: Request For Offer

Gross SF
35,307
Rentable SF
35,307
Lot Size
2.50 acres
Year Built
1987

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.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

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