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935 Country Club RdWoodstock, IL 60098
Heartland Dental & Jersey Mike's
Asset ClassRetail, Healthcare Facility
Cap Rate6.75%
OUT-PARCEL TO TOP PREFORMING JEWEL-OSCO'S | CHICAGO, IL MSA

Investment Highlights

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

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935 Country Club RdWoodstock, IL 60098

Sales Team

Sam YoungExecutive Vice President, Capital Markets(980) 498-3292syoung@atlanticretail.com
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Listing provided by Revere CRE