The Overlook at Oak Brook

1715-1775 West 22nd Street, Oak Brook, IL, 60523, US

Description

PROPERTY LOCATION: 1715-1775 W 22ND STREET, OAK BROOK, IL 60523

YEAR 1 NOI: +/- $2,550,000

PROPERTY SIZE: 8.6 ACRES

WALT: 12

PARKING SPACES / RATIO: 393 STALLS / 7.43 STALLS PER 1,000 SF

YEAR DEVELOPED: 2023

...

Number of buildings

Tenants

Occupancy

94%

Midwest's Most Desirable Retail Trade Area Across From Oakbrook Center
Shadow Costco Anchored
QSR And Daily Needs Tenancy Supported By 340,000 Daytime Population
In-Place Rents Are ~25% Below Market
New Construction (2023)
Market Leading Tenancy Primarily Backed by Corporate Guarantees in Latest Tenant Prototypes
Exit Flexibility Through Parcelization Strategy
Exceptional Demographics (3 mile AHHI $155k)