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DOWNTOWN WHEATON MIXED-USE AND RESTAURANT

$4,250,000 | 7.71%

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120 North Hale Street
Wheaton, Illinois 60187

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Features

  • High Barrier to Entry Downtown Wheaton District Location, Amongst Retail and Restaurants
  • 92 Percent Leased Mixed-Use Building
    • Anchored by Ivy Restaurant | Operating at this Location Since 2009 | Three Percent Rental Increase
      in 2022
      ° Annual Three Percent Rental Increases for ZRG and T2 Capital
  • Opportunity to Add Value and Cap Rate Growth Through Leasing the Remaining 1,050 Square Feet
    of Vacant Space
  • Extremely High Daytime and Nighttime Foot Traffic | All Patrons Must Walk Along Subject Property to Access Public Parking Garage
    93 Walk Score, a “Walker’s Paradise” (WalkScore.com)
  • Attractive Real Estate
  • Rare Outdoor Patio
    • Five Minute Walk to the Wheaton Metra Station | 8,332,483 Annual Ridership
  • Strong Demographics | Heavily Populated, Affluent Area

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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