Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee simple interest in 2701 E. Main Street, St. Charles, IL (the “Property”), a 100% leased, two-tenant retail property located in St. Charles, IL.
The 4,083-square-foot, two-tenant retail center featuring Dunkin’ and Options Medical Weight Loss Clinic is ideally situated just off E. Main Street in St. Charles, Illinois. The property benefits from cross-easement access with Walgreens and direct shared access to the newly developed Ascend St. Charles Apartments, a 400-unit rental complex. Dunkin’ has been a committed tenant at the property since 2016 and features a convenient drive-thru with two points of entry off E. Main Street. Options Medical Weight Loss Clinic, which operates 40 locations nationwide, recently signed a new 10-year lease. Further enhancing the area’s growth, redevelopment plans for the nearby Charlestowne Mall have been approved, including new restaurants, retail stores, and indoor pickleball courts.
The Property is perfectly positioned in a major retail artery with nearly 4.4 million square feet of retail within a 3-mile radius. Surrounding national brands and traffic generators include Jewel-Osco, Walmart, Target, Ross, T.J. Maxx, Five Below, Dollar Tree, Urban Air, Ace Hardware, Ulta Beauty, Goodwill, Anytime Fitness, Cooper’s Hawk, Orangetheory, Panda Express, Chipotle, Jersey Mike’s, Taco Bell, Olive Garden, Potbelly, and many more.
The Property benefits from its position along Main Street, which is the primary thoroughfare for St. Charles and experiences over 30,800 vehicles per day. The Property possesses a strong demographic profile, with a population of 103,772, an average household income of $140,370, and a median home value of $352,950 within 5-miles.
⦿ DUNKIN' DRIVE-THRU ANCHOR
⦿ NEW 10-YEAR MEDICAL TENANT
⦿ SECURE CASHFLOW E-COMMERCE RESISTANT
⦿ ST. CHARLES IS BOOMIN'
⦿ TOP TIER RETAIL LOCALE
⦿ EXCELLENT DEMOS & LOCATION