Investment Overview

This 100 percent occupied center is anchored by Chipotle and shadow-anchored by Walmart, featuring a roster of national net-leased tenants with a 17.53-year weighted tenant tenure and a 5.31-year WALT. Jersey Mike’s recently extended early and has over nine years of term remaining. Chipotle has over seven years remaining with four five-year renewal options and ranks as the 20th highest-grossing location in Illinois, placing it in the top 20 percent nationally with approximately $4.0 million in sales (Placer.ai). Dunkin’ has over six years remaining on its lease and features a drive-thru, adding value and flexibility for the existing tenancy and future users. Visionworks is the most visited location in the state and ranks in the top 13 percent nationally (Placer.ai). The property is located within the Prairie Market, ranked #8 most visited power center in Illinois with approximately 8.0 million annual visitors (Placer.ai). The center is strategically positioned between two stoplights and benefits from exceptional visibility along US Highway 34 with 26,300 vehicles per day. Surrounding traffic drivers include Oswego Commons and Gerry Centennial Plaza, together generating over 11 million annual visits (Placer.ai). The area is supported by 201,712 residents within five miles and an average household income of $125,013 within one mile.