CBRE’s National Retail Partners are pleased to present the opportunity to acquire fee simple interest in The Shops at Kildeer, a 165,502 square foot open-air power center located in the epicenter of the Kildeer/Rand Road retail corridor in Kildeer, IL. The Property features an impressive line-up of investment grade tenants including Michael’s, Old Navy, World Market, Ulta Beauty, LOFT, and Five Below. The Kildeer/Rand Road corridor encompasses nearly 7 million square feet of retail and is home to best in class retailers including Apple, Anthropologie, Banana Republic, Crate & Barrel, Dick’s Sporting Goods, lululemon, PetSmart, Pottery Barn, Sierra, and Whole Foods just to name a few. With a strategic location along the highly trafficked Rand Road, which sees nearly 45K vehicles on average per day, the retail corridor has strategically attracted the best retailers in the market. Due to the concentration of retail and diverse tenant mix, the corridor experiences an out sized draw to the area catering to nearby communities including Kildeer, Lake Zurich, Buffalo Grove, Arlington Heights, Barrington, among others. At 76.7% occupancy, The Shops at Kildeer offers investors the ability to acquire a best-in-class shopping center located in one of the busiest retail corridors serving the affluent northwest suburbs of Chicago with cashflows backed by a high-quality tenant lineup while still providing tremendous value-add opportunities.