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STARBUCKS ANCHORED CENTER | AFFLUENT SUBMARKET

$7,575,000 | 7.34%

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1833-1855 Deerfield Road
Highland Park, Illinois

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Features

  • Highly Affluent Community | Over $212,000 Average Household Income Within One-Mile Radius | Top 100 Wealthiest Towns in United States (Bloomberg 2019)
  • Anchored by Freestanding Starbucks with Drive Through | 15-Year Operating History at this Location | Separately Parceled from Center
  • Ideal Mix of Tenants for Neighborhood Shopping Center Including Convenience Store, Several Restaurants, Dentist and Nail Salon
  • Regularly Scheduled Rent Increases for Many of the Tenants Provides Investor with Excellent Hedge Against Inflation
  • Strong Real Estate Fundamentals | Full Ingress/Egress off of Deerfield Road (18,200 Vehicles per Day) and Egress off of Ridge Road
  • High Barrier to Entry Submarket with Limited New Construction | Helps Insulate Investor from Competing Properties

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock

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