Newmark Retail Capital Advisors, acting as the exclusive advisor for the seller, is delighted to offer for sale NEWCITY, a grocery-anchored retail development situated in the prime Lincoln Park district of Chicago. NEWCITY boasts a 76% lease occupancy, featuring key tenants such as Dick’s Sporting Goods, who recently executed a renewal with fresh 5-year term through 2030, Mariano’s, AMC Theatres, as well as several high performing jewelry, home furnishing, food and beverage and service tenants. Positioned at the highly visible corner of North and Clybourn, directly across the street from a high performing Apple Store. The Property offers durable cash flow along with potential for enhancements by optimizing the tenant mix and leasing out existing vacancies. All inquiries regarding this Offering should be directed to Newmark.
Key Tenants Include:
AMC THEATRES
AT&T
BURROW
DICK’S Sporting & Sporting Goods
James & Sons Fine Jewelers
KINGS Dining & Entertainment
MARIANO’S
THE SHADE STORE
Nando’s
Rayito de Sol
SWEETWATERS COFFEE & TEA