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Shopping Strip

Chipotle & Scout Veterinary Care | Chicago MSA

1962 S Naperville Rd, Wheaton, IL 60189

Listing Price: $4,600,000

Cap Rate
6.16%
Gross SF
5,849
Rentable SF
5,849
Price/Gross SF
$786.46
Lot Size
1.21 acres
Year Built
2023

Investment Overview

This 2023 constructed, 100 percent occupied two-tenant center is anchored by Chipotle, which relocated from a nearby site, and Scout Veterinarian Urgent Care, which signed a new lease commencing January 2026. Both tenants are secured on long-term net leases with scheduled increases and extension options. Chipotle has 8 years of term remaining.
The property sits in affluent DuPage County, where the one-mile average household income is $168,359 and the five-mile trade area supports more than 232,000 residents and a daytime population of over 322,000.
Ideally positioned along a major retail corridor, the site is surrounded by high-performing shopping centers—including Town Square Wheaton, Danada Square West and East, and Rice Lake Square—which draw millions of annual visitors and feature leading national retailers such as Whole Foods, Nordstrom Rack, TJ Maxx, Ulta, Starbucks, and Panera. The location also benefits from excellent accessibility, with strong daily traffic counts and proximity to the Wheaton Metra Station, which serves nearly 4 million annual riders.

Investment Highlights

  • 100 Percent Occupied, Newer Construction Two-Tenant Center
  • 10-Year Leases with Rental Increases and Options to Extend
  • Average Household Income in a Mile is $168,359 with a Population of 9,397 People
  • Situated Along a Retail Thoroughfare | Strong Surrounding Drivers | Major National Tenants
  • Adjacent to S Naperville Road which has 22,800 Vehicles Passing Daily

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 Strip

Chipotle & Scout Veterinary Care | Chicago MSA

Listing Price: $4,600,000

Cap Rate
6.16%
Gross SF
5,849
Rentable SF
5,849
Price/Gross SF
$786.46
Lot Size
1.21 acres
Year Built
2023

Investment Highlights

  • 100 Percent Occupied, Newer Construction Two-Tenant Center
  • 10-Year Leases with Rental Increases and Options to Extend
  • Average Household Income in a Mile is $168,359 with a Population of 9,397 People
  • Situated Along a Retail Thoroughfare | Strong Surrounding Drivers | Major National Tenants
  • Adjacent to S Naperville Road which has 22,800 Vehicles Passing Daily

Investment Overview

This 2023 constructed, 100 percent occupied two-tenant center is anchored by Chipotle, which relocated from a nearby site, and Scout Veterinarian Urgent Care, which signed a new lease commencing January 2026. Both tenants are secured on long-term net leases with scheduled increases and extension options. Chipotle has 8 years of term remaining. The property sits in affluent DuPage County, where the one-mile average household income is $168,359 and the five-mile trade area supports more than 232,000 residents and a daytime population of over 322,000. Ideally positioned along a major retail corridor, the site is surrounded by high-performing shopping centers—including Town Square Wheaton, Danada Square West and East, and Rice Lake Square—which draw millions of annual visitors and feature leading national retailers such as Whole Foods, Nordstrom Rack, TJ Maxx, Ulta, Starbucks, and Panera. The location also benefits from excellent accessibility, with strong daily traffic counts and proximity to the Wheaton Metra Station, which serves nearly 4 million annual riders.

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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