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SHOPS OF WHEATON

$7,950,000 | 9.11%

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1101 – 1245 E. Butterfield Road
Wheaton, Illinois 60189

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Features

  • 91 Percent Occupied Multi-Tenant Shopping Center with a Diverse Mix of National, Regional and Local Retail and Office Tenants
    • Priced Well Below Replacement Cost at Only $100.44 per Square Foot
    • 70 Percent of the Tenants Have Annual Rental Increases
    • 79,151 Square Feet of Gross Leasable Area on Large 5.61-Acre Lot
  • Anchored by Fox Bowl and Anytime Fitness | 43 Percent of Square Footage
    • Anytime Fitness is Corporately Guaranteed
  • Fox Bowl has 25 Plus Years of Operating History at this Location
    • 28,298 Square Feet (36 Percent) has Been Leased by Fox Bowl Since 1995
    • Fills Void to the North, East and West Suburbs Between Six to 17 Miles
  • Value-Add Opportunity | 7,134 Remaining Square Feet Available | Current Leases have Below Market Rents
  • Located on Heavily Traveled Butterfield Road | 27,530 Vehicles Passing per Day
  • Attractive Real Estate Fundamentals
    • Situated on a Major Retail Thoroughfare | Within One-Mile Radius Major Tenants Include Whole Foods, Pete’s Fresh Market, Jewel, ALDI, Studio Movie and Grill, TJ Maxx, HomeGoods, Jo-Ann Fabrics, Tuesday Morning, Petco, PetSmart, and Many More National and Local Tenants
    • 279 Surface Spaces
    • Signalized Access from Butterfield Road
  • Excellent Demographics
    • Over 79,000 People Live Three Miles of Subject Property
    • Highly Daytime Population | 332,406 Within Five Miles of Subject Property
    • Affluent Area | Average Household Income of $141,293 Within Three Miles of Subject Property

Contact

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

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