Investment Overview

Investors are offered the opportunity to acquire a two-tenant med-tail center anchored by DaVita Dialysis. DaVita accounts for over 77 percent of the base rent and has successfully operated at this location for 20 years, recently exercising a five-year option. Happy Daze is a successful Chicagoland chain of smoke and vape shops currently operating seven locations. Happy Daze has operated at this location for eight years and has one, 10-year option remaining. With a strong history of high occupancy, the property offers durable cash flow for investors. Illinois is a Certificate of Need state, further ensuing the stability of property. Each lease includes scheduled rental increases, supporting long-term income growth. The property offers high visibility and is located just 0.5 miles from I-294 (178,200 vehicles per day). Frontage along S. Halsted Street (18,000 vehicles per day) exceeds 200 feet. Nearby demand drivers include the Wind Creek Chicago Southland casino/resort and several top-performing retail centers with national tenants. Underpinning the property’s strong fundamentals is a dense trade area with over 74,000 residents and nearly 80,000 employees within a three mile radius.