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Retail

Downers Park Plaza

Downers Grove, IL

141,702 SqFt

Built in 1990

Core Plus

Investment Highlights

  • High Traffic Intersection Location:  Situated at the Center of the 75th Street Retail Corridor Seeing Over 66,200 Vehicles Per Day
  • 98 Percent Occupied, 141,702-Square-Foot Neighborhood Retail Center Located in Affluent Downers Grove, Illinois (Chicago MSA)
  • Long Term Tenancy: TJ Maxx/Home Goods, Best Buy and Old Navy have been Established Tenants at the Center for Over 20 Years - Average Tenant Tenure of 18.6 Years
  • Highly Affluent Area with Five-Mile Average Household Income of $128,000: 66.3 Percent Higher than the Chicago MSA Average and 46 Percent Higher than the National US Average
  • Strong Tenant Sales:  T.J. Maxx/HomeGoods Attaining Exceptionally High Sales of $17.4 Million with Consistent Annual Increases | Old Navy Consistently Achieving Over $300 Per Square Foot in Sales
  • High Performing Investment Grade Tenancy: 77 Percent of Gross Leasable Area Features Investment Grade Tenants and 100 Percent National Tenancy
  • Superior Regional Demographics: Located in the Primary Retail Shopping Destination Serving Downers Grove and Neighboring Communities - 106,717 Residents within Three-Miles, 232,220 Residents within Five-Miles

Exclusively listed by

Broker of Record

Steven D. Weinstock

First Vice President / Regional Manager / Designated Managing Broker

(630) 570-2250

License(s): IL: 471.011175

Illinois

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