Property Description
SECURE INCOME STREAM
- New 15-Year Absolute NNN Lease, Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Years and Renewal Options
- Strong Performing Location with 23-Year Operating History, Recently Acquired by Strickland Brothers
- Strickland Brothers Operates 140+ Total Locations
- Princeton Equity Invested in Strickland Brothers in 2021 to Fuel Aggressive Expansion Plans
PROXIMITY
- Excellent Access and Visibility to 35,100 Cars/Day
- 133,332 Residents in Trade Area
- Affluent Demographics with an Average Household Income of $121,587
- Across from Jewel-Osco, one of the Largest Grocers in the Midwest
- Adjacent to Newly Renovated Goodwill and Dollar Tree Anchored Center
- Surrounded by Several K-12 Schools with 1,654 Students Combined
- Other National Tenants in the Area Include Starbucks, McDonald’s, Chase Bank, Walgreens and Dunkin’
- 40 Miles to Downtown Chicago
