CBRE’s Net Lease Property Group is pleased to extend the opportunity to acquire a fee-simple interest in a 22,000 square-foot 10-year lease with Ross Dress for Less. The lease has over six years of term remaining, including a corporate guarantee, a rental bump in February 2027, and 10% bumps in each of the four 5-year extension options. The Property is ideally positioned in the dense and affluent Chicago suburb of Morton Grove at the high-traffic intersection of Dempster Street and Waukegan Road. Morton Grove is located in Cook County, approximately 16 miles northwest of downtown Chicago. The asset’s primary trade area boasts an impressive demographic profile, with area residents earning an average household income of $147,890 within a three-mile radius. Ross Dress for Less is located within Sawmill Station, a 26-acre mixed-use redevelopment that includes shopping, dining, and residential. Tenants at the center include Amazon Fresh, Kohl’s, Dollar Tree, LA Fitness, Cooper’s Hawk, Starbucks, Aspen Dental, Chipotle, Urgent Care, Raising Cane’s, and Bank of America. The Residences at Sawmill Station includes 250 apartments.