Jewel-Osco Outparcel
• This location had 692K visitors in the last 12 months (placer.ai)
• Top-performing location - Top 22% of all Jewel-Osco’s Nationwide
• Only major grocery store in the immediate region assures predictable and steady traffic patterns to the subject site
Signalized Corner Location
• Located on South Eastwood Drive (14k VPD) with 3 curb-cuts
• High-demand parcel location should the property ever need to be backfilled
• Shared Easement with Panera Bread will promote cross-shopping synergies
Robust Chicago Demographics
• The Chicago MSA is home to over 9.5M residents, making it the 3rd most populous MSA in the nation
• Residents earn an average household income of $97,963; more than 8% higher than the state average and nearly 12% higher than the national average
Surrounding Tax Increment Financing District Will Spur Private Development
• Woodstock’s Downtown & Route 47 TIF District was established in January 2019 - Blankets area surrounding the subject property
• Tax Increment Financing assists local governments in attracting private development and new businesses to their respective communities
• Tax increments typically include the change in assessed values that result from new construction - these dollars are captured by the TIF district and are restricted for private development projects that impact the property located within the district’s boundaries
New High-Quality 2022 Construction
• Tenant leases provide for 10% rental increases every 5 years throughout the term and renewal options
• Tenants pay for all operating expenses, taxes, and insurance
Chicago MSA
• Chicago is home to O’Hare International Airport, the 3rd busiest airport in the nation (served nearly 83M passengers in 2018)
• Several major interconnected expressways and interstate highways pass through the Chicago area
• Interstates 80, 88 and 290 are the main east/west routes
• Interstates 55 and 57 provide access to the south and southwestern suburban areas
• Communities to the north and northwest are accessed via Interstate 90 and 94