Stony Creek Promenade - Chicago, IL
4830 W. 111th Street, Oak Lawn, IL, 60453, US
15,422 m²
JLL, as exclusive advisor, is pleased to offer for sale the single-tenant Guinness Open Gate Brewery, located at 901 W. Kinzie Street in urban Chicago, IL (the “Property”) within the Fulton Market District. The Property represents an impressive redevelopment to create a flagship location for food, beverage, and engaging customer experiences in one of the country’s premier submarkets.
In recent years, Chicago’s Fulton Market District has quickly become the city’s top destination to live, work, and play. The area’s unprecedented population growth and influx of luxury hotels and restaurants including Nobu and SoHo House has drawn some of the world’s largest companies to migrate there. Fulton is the nation’s fastest growing urban office submarket with global giants such as Google, McDonald’s, and Mondeléz International recently moving in and additional companies including Boston Consulting Group and Greenberg Traurig following suit with plans to soon leave Chicago’s traditional business district for new offices near the Property. This flight to Chicago’s west side has led to greater than 20% growth in retail rents and more than 5.3 million SF of class-A office space being delivered since 2017.
This offering allows investors the chance to acquire a unique retail project in the most exciting submarket in the Midwest, highlighted by growing long-term cash flows secured by a tenant with one of the strongest brand names in the world.
100% INVESTMENT GRADE CREDIT
TROPHY RETAIL SITE FOR A NEW TO MARKET, GLOBALLY RECOGNIZED BRAND
IRREPLACEABLE LOCATION IN ONE OF THE NATION’S TOP SUBMARKETS
NET-LEASED INVESTMENT
CONVENIENT & ACCESSIBLE LOCATION