Eagle Creek Plaza - CBRE Marketplace
Eagle Creek Plaza - CBRE Marketplace
Eagle Creek Plaza - CBRE Marketplace
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<strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong><br />
Round Lake Beach, IL (Chicago MSA)<br />
:: INVESTMENT PROPERTY<br />
Statistics<br />
Asking Price: $4,600,000<br />
Location:<br />
400 W. Rollins Road<br />
Round Lake Beach, IL 60073<br />
(Lake County)<br />
Type:<br />
Neighborhood Center<br />
GLA:<br />
±61,956 SF<br />
Site Size:<br />
Parking:<br />
±7.72 Acres<br />
±303 spaces<br />
4.7 per 1,000 SF of GLA<br />
Qualified investors are extended the opportunity to acquire a 100% fee simple<br />
interest in <strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong>, a 61,956 square foot neighborhood center<br />
located on the north side of Rollins Road west of N. Cedar Lake Road in Round<br />
Lake Beach, Illinois.<br />
Anchor Tenant:<br />
Other Tenants:<br />
Big Lots<br />
Year Built: 1980<br />
Dollar General, Domino’s<br />
Pizza, Dianna’s Salon,<br />
Alexander’s Jewelry & Pawn<br />
Shop, Taco El Rey De Oro<br />
• Chicago MSA – Round Lake Beach is a northern suburb of Chicago,<br />
approximately 45 miles from downtown. Chicago is the third largest MSA<br />
in the country, with a population of 9.5 million. Investors from across the<br />
country, and internationally, are drawn to Chicago as a central activity hub<br />
with a diverse economic base.<br />
• Big Lots Anchor Draw – Big Lots occupies a 28,963 square foot anchor<br />
suite, and has a lease maturing in April of 2016. They generate strong<br />
sales at this location.<br />
Occupancy: 100%<br />
Traffic Counts:<br />
Market Demographics<br />
23,000 on Rollins Rd<br />
6,950 on N. Cedar Lake Rd<br />
3 Miles 5 Miles<br />
2012 Population 79,628 140,331<br />
2012 Households 25,142 48,137<br />
• Dollar General Renewal – Dollar General recently signed a lease<br />
amendment which expanded their premises and renewed their lease,<br />
demonstrating their long term commitment to the site. They have been a<br />
tenant since 1997, and occupy 9,668 square feet with a lease maturing<br />
in 2022.<br />
• Strong Demographics – Within three miles of the center is a population of<br />
79,628, with an average household income of $80,845. The population<br />
is expected to grown by 6.3% over the next five years.<br />
If you would like to receive a full offering memorandum on this opportunity<br />
please submit a Confidentiality Agreement or visit the property website:<br />
www.cbremarketplace.com/eaglecreek<br />
pital Avg. HH Markets Income | $80,845 National $85,102 Retail Investment Group<br />
nta :: Boston :: Charlotte :: Chicago :: Dallas :: Miami :: Newport Beach :: Washington, D.C.<br />
CHICAGO TEAM: George B. Good :: Robert J. Mahoney :: Richard A. Frolik :: Michael T. Kaider :: Christian E. Williams :: Derrick A. Almassy
<strong>Eagle</strong> Site Plan <strong>Creek</strong> <strong>Plaza</strong><br />
Round Lake Beach, IL<br />
:: Site plan<br />
Ste. Tenant SF<br />
308 Domino's Pizza 1,773<br />
310 Dianna's Salon 1,773<br />
312-314A Alexander's Pawn Shop 3,607<br />
314B Vander Weit Chiropractic 1,200<br />
316 Bethel Cleaners 1,774<br />
318 Taco Rico (dark) 4,996<br />
322 Taco El Rey De Oro 2,854<br />
324 Dollar General 9,714<br />
328 Rental Express 5,302<br />
400 Big Lots 28,963<br />
O1 A&W/Long John Silver's G/L<br />
TOTAL 61,956<br />
400 W. Rollins Road<br />
Round Lake Beach, IL
<strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong><br />
Round Lake Beach, IL<br />
:: Aerial view<br />
The main east-west corridor through the trade area is Rollins Road, while the main north-south corridor is Route 83. Much<br />
of the community’s retail is located within a mile of the Rollins Road and Route 83 intersection. <strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong> is located<br />
approximately one mile west of this intersection. Other nearby centers include Rollins Crossing, Rollins <strong>Plaza</strong>, Mallard <strong>Creek</strong>, and<br />
Round Lake Center, which increase traffic flow in the area of <strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong>.
<strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong><br />
Location Maps<br />
Round Lake Beach, IL<br />
:: MARKET OVERVIEW<br />
<strong>Eagle</strong> <strong>Creek</strong> <strong>Plaza</strong> is located approximately 45 miles northwest of Chicago in the village of Round Lake Beach, Illinois in growing<br />
Lake County. Strategically located on the shores of Lake Michigan at the midpoint of the Chicago-Milwaukee Corridor, Lake<br />
County has long been recognized as a premier business location for corporate headquarters facilities, hi-tech manufacturing firms,<br />
distribution/warehouse operations and small business start-ups. The county balances economic development with environmental<br />
protection to provide an enviable quality of life.<br />
The primary trade area is roughly defined as a three mile radius around the center, including all of Round Lake Beach as well as<br />
portions of the surrounding communities. This primary trade area has a population base of 79,628 with an average household<br />
income of $80,845.<br />
<strong>CBRE</strong><br />
700 Commerce Drive<br />
Suite 550<br />
Oak Brook, IL 60523<br />
Christian Williams<br />
630.573.7075<br />
christian.williams@cbre.com<br />
Derrick Almassy<br />
630.573.7045<br />
derrick.almassy@cbre.com<br />
Debt & Equity Finance<br />
Contact:<br />
Steven Kundert<br />
630.573.7044<br />
© 2012 <strong>CBRE</strong>, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates<br />
used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction<br />
the suitability of the property for your needs.<br />
<strong>CBRE</strong> and the <strong>CBRE</strong> logo are service marks of <strong>CBRE</strong>, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective<br />
owners.<br />
Ca<br />
Atla<br />
CHICAGO TEAM: George B. Good :: Robert J. Mahoney :: Richard A. Frolik :: Michael T. Kaider :: Christian E. Williams :: Derrick A. Almassy
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