Investment Overview

This multi-tenant shopping center features a diverse mix of food and service-based tenants, all with scheduled 5% rental increases and renewal options in place. The property includes 2,000 SF of vacant space, offering an add-value leasing opportunity. The property has undergone several renovations over the past 5 years, with all of the interior units being completely remodeled. The site offers nearly 300 feet of frontage on Mannheim Road, which sees 23,700 vehicles per day, and is located just one block from the Mannheim Road and Cermak Road intersection with 50,800 vehicles per day. Surrounding demand drivers include multiple nearby schools, a Jewel-Osco attracting over 900,000 annual visitors, and Hillside Town Center, which ranks in the top 9% of shopping centers nationwide by visits. The trade area is exceptionally dense, with over 121,000 residents and 152,000 employees within a three-mile radius, and an average household income of $128,705 within five miles.