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Note
Property Overview
Price/Rent PSF $ 8,400,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 79,167
Date Available 08/07/2018
Additional URL Link
Parking 279
Floors 2
Additional parameters Show
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Description

Location
The Shops of Wheaton is located on Butterfield Road just east of Naperville Road in Wheaton, Illinois, and
is well-positioned to service the retail needs of the surrounding residents.

The property is positioned within one of suburban Chicago's strongest sub-regional submarkets which
includes more than 1,000,000 SF of retail space. The surrounding retai includes three full service grocery
stores (Jewel-Osco, Whole Foods, and Pete's Fresh Market) and numerous national retail tenants including
TJ Maxx, HomeGoods, PetSmart, Ulta, Sierra Trading Post, Studio Movie Grill, Stein Mart, Banana Replublic,
Gap, Express, Panera Bread, Chick-Fil-A, Houlihans, PDQ and many others.

Excellent demographics with average household incomes over $100,000 and a population exceeding
280,000 residents within a 5 mile radius.

Sale
The Shops of Wheaton is a strong neighborhood retail and professional center located in one of the premier suburban retail markets in the Chicago MSA. The property is well occupied by a strong mix of retail, service, entertainment, medical, and professional tenants. The center has been fully repositioned with more than 25,000 SF of new leases (2016-2017) and significant investment in capital repairs and improvements.

The property includes 65,101 SF of retail space and 14,066 SF of office space in the professional building. Tenants include Anytime Fitness, Amita Health/Loyola Medicine, Fox Bowl, Aqua Tots Swim School, PT Solutions Physical Therapy, ICare4Vision, Gentler Times Stitching, Farmers Insurance and Spotted Paw Spa & Boutique.

The center offers strong visibility from Butterfield Rd and convenient access via signaled entrance. Property is located in close proximity to multiple full service grocery stores including Whole Foods, Jewel-Osco, and Pete's Fresh Market driving significant daily consumer traffic to the immediate retail market. The retail market is further supported by outstanding demographics with average household incomes exceeding $110,000.

Location

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