Investment Overview

Marcus & Millichap is pleased to exclusively offer a 100 percent occupied newly constructed property with net leases, offering limited landlord responsibilities. Chipotle and VCA Animal Hospital both hold 10-year leases at this location, with Chipotle relocating here from a nearby spot. The leases feature substantial 10 percent rental increases every five years, applicable both in the base term and during any renewal options. Located in the affluent DuPage County, this property enjoys the advantages of a high-income demographic. Within a one-mile radius, the average household income is $172,244, with a residential population of 9,769. Extending to a five-mile radius, the area’s estimated population is 230,838, and a robust daytime population of 328,286 supports the local economy, increasing foot traffic for retailers. The property is strategically positioned along a busy retail corridor surrounded by major national tenants and retail drivers. It sits across the street from Town Square Wheaton Shopping Mall, attracting 848,600 annual visitors and hosting popular brands like Chico’s, Francesca’s, and McAlister’s Deli. Within 0.3 miles, the Danada Square West Shopping Mall draws 3.2 million annual visitors, with notable tenants such as TJ Maxx, Home Goods, and Panda Express. Nearby Danada Square East sees 2.5 million annual visitors, with anchor stores including Nordstrom Rack, Blick Art Materials, and Whole Foods. Just 0.4 miles away, Rice Lake Square Shopping Mall brings in 1.8 million visitors per year, featuring tenants like PetSmart, Orange Theory, and Potbelly. Other nearby brands include McDonald’s, Aldi, Dunkin, and Planet Fitness, enhancing the site’s retail appeal. Accessibility is excellent, with the property located in a heavily trafficked area. Adjacent to S. Naperville Road, which experiences 17,100 vehicles daily, it is also just 0.2 miles from E. Loop Road with 25,650 daily vehicles and 0.9 miles from Route 56, carrying 26,800 vehicles daily. The Wheaton Metra Station, part of the Union Pacific West Line, is 2.9 miles away and serves over 3.2 million riders annually, adding to the site’s strong visibility and customer access.