Freestanding Retail Building in North Suburban Vernon Hills (Chicago MSA)

Investment Overview

195 North Milwaukee Avenue presents a rare opportunity to acquire a 9,500-square-foot freestanding retail building in an affluent north suburban retail corridor, approx one (1) mile south of both Hawthorn Mall and Melody Farms, one the premier newer construction lifestyle center in the Chicago MSA. The building is part of a larger development with Kohl's, The Home Depot, Sam's Club, Planet Fitness, Farmers Fresh Market, Planet Fitness, DSW, Chipotle, and Panera, and Extended Stay Stay America. The building is ideally suited for an owner-user seeking a highly functional showroom, retail, or service facility surrounded by big box and national retailers. The existing layout includes an expansive showroom area, a warehouse/workshop component with a drive-in door, multiple private offices, reception area, kitchen, restrooms, and second-floor office/meeting space overlooking the main level. Located along Milwaukee Avenue (~22,000 VPD), less than two (2) miles from Interstate 94, the Property features exceptional visibility and accessibility within one of the northern suburbs’ most established retail corridors. Other neighboring retailers include Whole Foods, Nordstrom Rack, Dick's Sporting Goods, Target, Wal-Mart, Best Buy, Sky Zone, REI, Barnes & Noble, AMC Theaters, and TJ Maxx, among many others.

Investment Highlights

• Rarely available 9,500 square foot freestanding building in an affluent north suburban retail corridor
• Strong commercial positioning along Milwaukee Avenue (~22,000 VPD) with convenient access to Interstate-94
• Located approx one (1) mile south of Hawthorn mall and surrounded by big box and national retailers within an affluent and well established north suburban trade area
• The building is part of a larger development including Kohl's, The Home Depot, Sam's Club, Planet Fitness, & DSW