Investment Overview

This net leased six-tenant retail center offers a long operating history, with La Michocana and Elite Staffing in place since 2014. The property features built-in rental escalations, as four tenants benefit from annual rent increases, and has demonstrated strong leasing momentum with three new leases executed since 2023. Additionally, the asset presents a value-add opportunity with approximately 3,000 square feet of vacant space available for lease. The asset is located 1.8 miles from Chicago Midway International Airport and 1.1 miles from the Kedzie Orange Line CTA station, providing excellent regional connectivity and commuter traffic. The property is supported by a dense trade area of 54,474 residents within one mile and 179,327 residents within two miles, along with 127,397 employees within a two-mile radius. An abundance of nearby schools, a dense industrial corridor, and surrounding national retailers further support consistent customer traffic and long-term stability.