The Offering provides investors the opportunity to acquire a fully occupied, Starbucks-anchored multi-tenant retail center with a stable tenant roster, meaningful operating history and built-in rental growth. Starbucks has operated at the property for over 20 years, while the rent roll benefits from an 11.05-year weighted average tenant tenure and a 5.25-year weighted average lease term, providing durable near-term income stability.
The Property is positioned along W Belvidere Road with strong nearby traffic drivers and access to a surrounding five-mile trade area of 134,979 residents with average household income of $131,581. Additional income through the parking agreement further enhances the investment profile, while the center’s location near Walgreens, Russo Power Equipment and Prairie View School supports consistent daily activity in the immediate trade area.