INVESTMENT HIGHLIGHTS

• VALUE-ADD OPPORTUNITYThe center is 87% occupied with 3,560 SF of contiguous space available for lease a Dentist or other medical tenants, which have already shown interest, providing tremendous upside for an investor to lease up the vacant space and increase the NOI by approximately 39%.
• MEDICAL-BASED TENANT MIXThe property features a dynamic tenant line-up with a 15-year average occupancy at the center, including several medical tenants such as an Orthodontist, Chiropractor, MyEyeDr, and GoodLife Veterinary Care.
• ABSOLUTE NNN FREESTANDING ANCHOR TENANTThe property includes a freestanding, and separately parceled Golden Coral, on an Absolute NNN lease, which has been at the center for nearly 20 years. Based on customer visits, this is Golden Coral’s #1 location in the state and a Top 15% nationally.
• MAJOR TOURIST ATTRACTION DRAWThe subject property is centrally located, situated between the Gurnee Mills Mall, Six Flags Great America, and the Great Wolf Lodge, which are three of the most popular tourist attractions through the Midwest, providing a broad customer base mixed with densely populated neighborhoods.
• STRONG RENT INCREASES: Golden Coral features 10% rent increases every 5 years, while the inline tenants feature 2% rent increases annually.