nnn pad for sale/lease in carol stream, il · nnn pad listed by broker of record kyle matthews lic...

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855 E Geneva Road carol stream, il 60188 NNN PAD OFFERING MEMORANDUM FOR SALE/FOR LEASE

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8 5 5 E G e n e va R o a dc a r o l s t r e a m , i l 6 0 1 8 8

NNN PAD

O F F E R I N G M E M O R A N D U M

F O R S A L E / F O R L E A S E

Table of Contents

F I N A N C I A L O V E R V I E W0 4

A R E A O V E R V I E W0 9P R O P E R T Y O V E R V I E W

E X E C U T I V E O V E R V I E W

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TABLE OF CONTENTS

LISTED BYBROKER OF RECORD

kyle matthews

LIC # 471019766 (il)

ROBERT VASILIAVITCHIOUS associate

DIRECT 949.432.4517

MOBILE 224.522.9064

[email protected]

LIC # 02071826 (CA)

GARY CHOU Senior Vice President & Senior Director

DIRECT 310.919.5827

MOBILE 714.928.8016

[email protected]

LIC # 01911222 (CA)

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Fort Myers | FLExecutive Overview

Investment Highlights

• Value-Add Pad For Sale/Lease– Freestanding C-Store situated on an acre lot. Pumps and tanks removed with no further remediation letter

• Retail Corridor – Nearby tenants in the immediate area include Planet Fitness, Rosati’s Pizza, Grease Monkey, West Suburban Bank, Amici’s

Salon, Cleaners, among others

• Great Location – Carol Stream is a suburb of Chicago in DuPage County and is considered to be one of the best places to live in Illinois. Free-

standing building located at intersection of E Geneva Rd and S Presidential St. outparceled to a shopping center

• Highly Rated Public Schools - In close proximity to Wheaton North High School, Wheaton College, Washington Elementary School, among

others

• High Traffic Count – E Geneva Rd has a traffic count of ~47,800 VPD

• Large Lot Size – Freestanding building sits on 1.04 Acres (Over 45,300 SF)

• Strong Demographics – Total 3-Mile: Population of 119,394 including 42,297 households and an average household income of $ 82,614;

5-Mile population of 262,003 including 94,950 households an average household income of $85,108

SUB J E C TP ROP E R T Y

W I N E & S P I R I T SA M I C I ’ S S A L O N

C L E A N E R S

B L U E B O O KS E R V I C E S

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Fort Myers | FLFinancial Overview

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carol stream, IL

Investment Summary

» L I S T P R I C E

» T O TA L B U I L D I N G A R E A

» T O TA L L A N D A R E A

» Y E A R B U I LT / R E M O D E L E D

» A P N

$750,000

1.04 AC

05-04-400-053

±2,989

1995

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carol stream, ilcarol stream, IL

E . G E N E V A R D± 4 7, 8 0 0 V P D

SUB J E C TP ROP E R T Y

B L U E B O O KS E R V I C E S

TENANT MAP

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oak creek | WIFort Myers | FLArea Overview

DemographicsPOPULATION 1 - MILE 3 - MILE 5 - MILE

2024 Projection 14,345 119,647 263,953

2019 Estimate 14,420 120,577 265,241

HOUSEHOLDS 1 - MILE 3 - MILE 5 - MILE

2024 Projection 5,793 42,726 96,636

2019 Estimate 5,856 43,174 97,412

INCOME 1 - MILE 3 - MILE 5 - MILE2019 Est. Average Household Income

$108,185 $121,938 $118,348

Carol Stream is a village in DuPage County, Illinois. Incorporated on January 5, 1959, and named after its founder’s daughter, Carol Stream had a population of 39,711 as of the 2010 United States Census. Carol Stream offers modern schools, extensive green space, a large park district with state of the art facilities, a modern library, a strong industrial sector, and churches of several denominations.

Over the past 60 years, careful planning and dedicated development teams shaped the Village of Carol Stream into what it is today – a dynamic community showcasing economic prosperity, sought after traditional

neighborhoods, and a full array of Village services. Carol Stream is home to over 1,000 businesses, 40,000 residents, two million square feet of commercial building space and 22 million square feet of industrial building space.

In its annual ranking of the best American communities to live and raise a family for 2011, Money Magazine ranked Carol Stream as the Best Small Towns in Illinois, and the 49th best in the nation. Also, in 2016, Carol Stream was ranked as one of the Best Small Cities in America by WalletHub® in a survey which compared over 1,200 cities with populations between 25,000 and 100,000

based on 30 key indicators of livability.

The Village of Carol Stream continues to prosper at a controlled, yet impressive rate through a progressive land development plan administered by the Village’s Community Development staff. Carol Stream prides itself on streamlined zoning and building permit processes, as well as an in-house engineering and architectural plan review team supplemented by expert consultants. By working closely with businesses from the start, we ensure an efficient turnaround time to get projects up and running as quickly as possible.

CAROL STREAM, IL

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carol stream, ilREGIONAL MAP

26 MICHICAGO

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carol stream, IL

Situated on the southwestern shore of Lake Michigan and approximately 26 miles from Carol Stream. Chicagoland is an informal name for the metropolitan area associated with the city of Chicago and its suburbs and has no official definition. The region is often considered to include areas beyond its corresponding MSA, as well as portions of the greater CSA. Chicago has one of the world’s largest and most diversified economies, with more than four million employees and generating an annual gross regional product (GRP) of over $575 billion, which is more than countries like Sweden and Norway. Having been listed as an alpha global city by the Global Cities Index, it is a key player in every sector from risk management innovation and information technology to manufacturing and health services.

CHICAGOLAND

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carol stream, il

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carol stream, IL

The city is an efficient economic powerhouse, home to more than 400 major corporate headquarters, including 31 in the Fortune 500. Boeing, United Continental Holdings, Inc., Exelon Corporation, R. R. Donnelley & Songs Company, and Archer Daniels Midland are just a few of the Fortune 500 companies based in the area. Motorola Solutions, Inc. intends to move their headquarters from Schaumburg, IL to Chicago in the coming future. McDonald’s has become the latest Fortune 500 company to establish its presence in Chicago as it is preparing to move its headquarters from Oak Brook, IL to the windy city by early 2018.

As a multicultural city that thrives on the harmony and diversity of its neighborhoods, Chicago embodies the values of America’s heartland integrity. It is this level of diversification that has resulted in Chicago being rated as having the most balanced economy in the United States. Additionally, its central location allows Chicago to be at the center of global trade, transit and data networks.

ECONOMYChicago has been a world center of higher education and research with several universities inside its city limits. Most notably, Northwestern University and the University of Chicago are two top universities that call the city home.

Northwestern University is a large, private research university based in Evanston with a comprehensive doctoral program. Attracting over $650 million in sponsored research each year, Northwestern has the eighth largest university endowment in the country.

The University of Chicago is one of the world’s leading and most influential institutions of higher learning. Its main campus is located seven miles south of downtown Chicago in the Hyde Park and Woodlawn neighborhoods. The University of Chicago has many prominent alumni, including 92 Nobel laureates that have been affiliated with the university as professors, students, faculty or staff.

HIGHER EDUCATION

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carol stream, IL

Confidentiality Agreement & Disclaimer

This Offering Memorandum contains select information pertaining to the business and affairs of an NNN Pad located at 855 E Geneva Road | Carol Stream, IL 60188 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Offering Memorandum for the Property, you agree:

1. The Offering Memorandum and its contents are confidential;2. You will hold it and treat it in the strictest of confidence; and3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or

its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum.

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carol stream, il

Offering Memorandum

8 5 5 E G e n e va r o a dc a r o l s t r e a m , i l 6 0 1 8 8

NNN PADLISTED BY

BROKER OF RECORD kyle matthews

LIC # 471019766 (il)

ROBERT VASILIAVITCHIOUS associate

DIRECT 949.432.4517

MOBILE 224.522.9064

[email protected]

LIC # 02071826 (CA)

GARY CHOU Senior Vice President & Senior Director

DIRECT 310.919.5827

MOBILE 714.928.8016

[email protected]

LIC # 01911222 (CA)