Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 8800-8820 Gross Point Road (the “Property”), a suburban, multi-tenant retail investment prominently located in Skokie, IL. The Property is positioned at the stoplight intersection of Dempster and Gross Point Road, seeing over 40,000 vehicles per day.

The +/-18,744 square foot retail center is situated on 1.2 acres of land, and is 68% leased to a strong mix of local and regional tenants, all operating under a net lease structure. Matari Coffee Co., recently opened for business, marking its 6th location. The company has a pipeline of 15 other locations coming soon across the country. Taboun Grill, has a tenure at the property of nearly 20 years, showcasing their success at this location. The Investment offers a compelling opportunity to add significant value through the lease-up of the remaining 6,062 SF of space.

The Property is surrounded by national and regional retailers including Target, Binny’s, FedEx, Starbucks, Dunkin’, Panda Express, McDonald’s, Oberweis, and Pita Inn. Just one mile north is Westfield Old Orchard, one of Chicago’s premier suburban malls, drawing over 12 million annual visitors and anchored by Nordstrom, Apple, Louis Vuitton, Tiffany & Co., lululemon, Alo, Anthropologie, and a collection of upscale restaurants such as The Hampton Social, Bar Siena, Maggiano’s, Shake Shack, and The Capital Grille.

Boasting strong 3-mile demographics with a population of 151,553, an average household income of $125,384, and a median home value of $384,000. The Property also benefits from its immediate access to Interstate 94, which sees 126,500 vehicles per day.