SVN ¦ Net Lease "The Berhow Team" is pleased to present an exciting 52,200 SF Value Add Retail Center in Alsip, Illinois which is part of the Chicago MSA. The Alsip Retail Center is situated at the intersection of Cicero Avenue and West 111th Street directly across from Phase I, Phase II of the $225M+ Stoney Creek Promenade Development. Anchor tenants include Mariano's Fresh Market, Starbucks, Chipotle, Massage Envy, Meatheads, Great Clips, Raising Cane's, Firehouse Subs and upscale Cooper's Hawk Winery restaurant. Recently, Phase II has broken ground and that includes Gene Simmons (of KISS fame) Signature Restaurant "Rock & Brews", The Barrel Club Fine Whiskey and Steak House, TJ Maxx, and Home Goods. The property is located 15 minutes from Midway International Airport and 30 minutes from downtown Chicago. Cicero Avenue is the busiest North & South Artery in the Chicago MSA. The property was a former Sears store in which the owner has just completed total renovations to the entire center at a cost of $2M+. This opportunity includes a 100% fee simple interest and has an annual net operating income of $903,030 (+/-) . The property houses the Flagship location for a Luv2Play "Family Entertainment Center" (the fastest growing Indoor Playground concept in the U.S.) with 35 locations across the USA and Canada and is the anchor tenant utilizing 30,000 SF (57% of the GLA) and Charter Fitness the leading regional fitness center in the Chicagoland area with 30 other locations utilizing 16,000 SF (31% of the GLA) The property is in the center of a very strong retail trade area that is growing and redeveloping with a strong base of exciting National retailers. The (3) mile population exceeds 146,000 people, and the (5) mile population exceeds 348,000 with a (3) Mile Average HHI of $70,000+.