ESSENTIAL STABLE TENANCY WITH STRONG HISTORICAL SALES
• New lease just signed with OSF Healthcare (135 locations, 21,500 employees) – this location will be acting as an Urgent Care. Rent is expected to commence on March 1st
• Potbelly (474 locations) and IHOP (3,652 locations) remain dominant, internet resistant concepts.
• Both Potbelly and IHOP (18-unit franchisee) enjoy higher than average historical sales (contact broker for additional information).
• Each tenant enjoys higher than average historical sales (contact broker for additional information).
DENSE INFILL LOCATION
• The subject property sits in the middle of a strong retail corridor as an outparcel to the Ford City Mall (666,295 SF).
• Other surrounding retailers include; Costco, Best Buy, Marshalls, HomeGoods, Harbor Freight, Kohl’s, and a to be built Chick-fil-A restaurant just south of the subject property.
• The estimated population within a five-mile radius of this property is 619,168 people.
EXCELLENT VISIBILITY & CO-TENANCY
• The subject property maintains strong visibility from the road as it faces Cicero Ave (45,992 CPD).
• Other fast casual restaurants that sit adjacent to the subject property are Chipotle and Chickfil-A, two leaders in their respective markets.
CHICAGO MIDWAY AIRPORT
• The subject property is situated approximately 2 miles from Chicago Midway International Airport.
• Over 22 million passengers traveled through the international airport in 2018 creating an increase in traffic within the trade corridor.