Investment Overview

This mixed-use property is anchored by Ichiddo Ramen with 8.3 years remaining on its lease, three percent annual rent increases, and a five-year renewal option. Four apartment units above provide additional income on one-year terms. The asset sits at a signalized hard-corner on Washington Street, downtown Naperville’s main entryway, with traffic counts exceeding 25,000 vehicles daily. Just 0.6 miles from the Metra BNSF Station and steps from the Riverwalk, the location benefits from heavy commuter and visitor traffic. Downtown Naperville is a premier regional destination, drawing millions of annual visitors. Recent city streetscape improvements further enhance the pedestrian and retail environment. The property is surrounded by affluent demographics, with an average household income of nearly $200,000 within one mile and a dense population and employment base nearby.