Fully Leased Multi-Tenant Retail in Chicago Loop

Investment Overview

This offering presents a 100% leased, triple-net retail investment comprising three street-level units occupied by Dunkin’, Subway, and Nature’s Grace and Wellness, complemented by additional income from a Verizon cell tower license. The investment further benefits from pass-through expenses that are significantly below prevailing market levels due to expense caps contemplated in the REA, enhancing the property’s overall net cash flow. *Nature’s Grace and Wellness has generated robust sales since opening in June 2026, with current sales trends indicating the potential for an additional $180,000 in net rent pursuant to the percentage-rent provision in its lease. Prominently positioned at the southwest corner of Clark and Madison Streets in the heart of Chicago’s Loop, 105 W. Madison Street represents one of downtown Chicago’s most visible retail locations. The 6,700-square-foot, fee-simple asset benefits from approximately 12,100 vehicles per day, substantial pedestrian traffic, proximity to the Loop’s major transportation hubs, and a highly prominent downtown view corridor. The property is situated within a premier trade area encompassing more than 400,000 residents and an average household income exceeding $148,000 within three miles. The surrounding area is also experiencing significant institutional investment, highlighted by JPMorgan Chase’s renovation of its Loop headquarters directly across the street and Google’s $280 million redevelopment of the Thompson Center into its new Chicago headquarters just two blocks north, projects that are expected to collectively bring more than 15,000 employees to the immediate area.

Investment Highlights

• Stabilized retail storefront property consisting of three (3) street-level units on triple net leases totaling 6,700 SF in the Chicago Loop
• Fully leased to Dunkin', Subway, and Nature's Grace and Wellness, along with a supplemental Verizon cell tower lease
• Strategically positioned at the center of a high-amenity corridor, surrounded by dense concentration of office, residential, retail, dining, and hospitality options
• The Property benefits from high foot traffic. Madison Street is the primary pedestrian route to the CTA, Ogilvie, and Union Station