north plainfield crossing along route 59 (chicago msa)

NORTH PLAINFIELD CROSSING ALONG ROUTE 59 (CHICAGO MSA)

RETAIL INVESTMENT OPPORTUNITY

In place NOI of approximately $713,040 at 94.6% occupancy

Surrounded by National Retailers including Target, Wal-Mart, Meijer, and Kohl's

CONTENTS CONFIDENTIALITY & DISCLAIMER

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Anyprojections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and youradvisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photosherein are the property of their respective owners and use of these images without the express written content of the owner is prohibited.

PROPERTY INFORMATION 3

FINANCIAL ANALYSIS 12

LOCATION INFORMATION 15

DEMOGRAPHICS 18

ADDITIONAL INFORMATION 20

PRESENTED BY

ANDREW RUBINSenior Vice PresidentO: 224.628.4005C: 224.628.4005E: [email protected]

MATTHEW TARSHISExecutive Vice PresidentO: 847.780.8063C: 847.542.9058E: [email protected]

ZACK PEARLSTEINSenior AssociateO: 847.275.6106C: 847.275.6106E: [email protected]

ANDREW PICCHIETTIAssociateO: 847.602.2005C: 847.602.2005E: [email protected]

The information contained herein is proprietary and confidential. It is intended only for theuse of the party receiving it from Frontline Real Estate Partners, LLC. and is not to beduplicated or distributed to any other party without the written approval of Frontline RealEstate Partners, LLC.

The purpose of this analysis is to provide summary information to prospective investors andto establish a preliminary level of interest in the property. THE INFORMATION IS NOT ASUBSTITUTE FOR A THOROUGH DUE DILIGENCE INVESTIGATION BY THE PROSPECTIVEINVESTOR. Although the information contained herein has been secured by sources believedto be reliable, Frontline Real Estate Partners, LLC. makes NO REPRESENTATION OF WARRANTY,EXPRESS OF IMPLIED, AS TO THE ACCURACY OF THE INFORMATION, including but not limitedto number of legal units, income and expenses of the property; projected financialperformance of the property; size and square footage of the property; presence or absence ofcontaminating substances, lead, PCB’s or asbestos; compliance with the Americans withDisabilities Act; physical condition or age of the property or improvements’ suitability for aprospective investors’ intended us; or financial condition of occupancy plans of tenant.Frontline Real Estate Partners, LLC. has not conducted an investigation for verified the

information.

ALL POTENTIAL INVESTORS ARE RESPONSIBLE TO TAKE APPROPRIATE STEPS TO VERIFY ALLINFORMATION SET FORTH HEREIN AND CONDUCT THEIR OWN THOROUGH DE DILIGENCEBEFORE PURCHASING THE PROPERTY. Potential investors assume all risk for any inaccuraciesor inconsistencies.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE ALLOW 24-48 HOUR NOTICEIN SCHEUDLING YOUR SHOWING.

PROPERTY INFORMATION1

Executive Summary

Property Description

Complete Highlights

Site Plan

Property Details

Tenant Overview

P R O P E R T Y O V E R V I E W

North Plainfield Crossing is a multi-tenant retail center located along the prominentRoute 59 commercial corridor in Plainfield, Illinois (Chicago MSA). The 55,000+ squarefoot center benefits from it's location along Route 59 between Walmart, Target, andMeijer to the south and Kohl's to the north. Tenants include One Main Financial, ProSports Rehab, Beach For Dogs, Enterprise, Chop'd, and MPG Fitness, among others .Thecenter's largest tenant, Chop'd, maintains lease term through October 2029. At 94.6%occupancy, the center produces a NOI of approximately $713,040. The property featurestwo (2) dual-sided pylon signs along Route-59, providing exposure to 30,000 VPD, 200surface level parking spaces (6.74/1,000 SF), and 779' of frontage along Route-59. Otherneighboring retailers include Jewel-Osco, CVS, Panera, Buffalo Wild Wings, Potbelly,Starbucks, Dunkin Donuts, Chiopotle, McDonald's, Burger King, and Binny's, amongothers.

P R O P E R T Y H I G H L I G H T S

• In-Place NOI of approximately $713,000 at the existing 94% occupancy rate

• 12 of the 15 in-place tenants are on NNN leases

• Recent 5-year renewals from One Main Financial, Pro Sports & Rehab, and

Smile Care Dental

PROPERTY INFORMATION

EXECUTIVE SUMMARY

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D E TA I L S

Sale Price: $8,400,000

In-place NOI: $713,040

Cap Rate: 8.5%

Occupancy: 94.6%

Building Size: 55,073 SF

Lot Size: 6.55 Acres

Year Built: 2003

Zoning: B-3: Highway Business

District

Market Southwest Chicago

Suburbs

Cross Streets: Route-59 & W. 127th

Street

Traffic Count: 30,000 VPD

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PROPERTY DESCRIPTION

North Plainfield Crossing is a single-story, multi-tenant retail center located at 12337 IllinoisRoute-59 in Plainfield, Illinois. The center was constructed in 2003 and totals 55,185 SF across a6.55 acre parcel. The Property is currently 94.6% occupied and generates a NOI ofapproximately $713,040. There are a total of 17 units at the center, 16 of which are occupied.Existing tenants include One Main Financial, Pro Sports Rehab, Enterprise, Beach ForDogs, Chop'd, and MPG Fitness, among others. Chop'd, the center's largest tenant in 13,500 SF,recently signed a ten (10) year NNN lease through October 2029. MPG Fitness, the center'ssecond largest tenant, occupies 8,200 SF and has a NNN lease running through February 2022.North Plainfield Crossing features excellent frontage along Route-59 (779'), two (2) pylon signs,providing exposure to over 30,000 VPD, multiple access points from either direction, and aparking lot with 200 spaces (6.74/1,000 SF). The offering provides investors an opportunity topurchase a strong cash flowing and near stabilized retail center, ideally positioned betweennational big box retailers in Chicago's southwest suburbs.

LOCATION

North Plainfield Crossing is located at 12337 Illinois Hwy-59 (Route-59), along the east side ofthe street, just north of the signalized intersection at Route-59 and W. 127th Street in Plainfield,Illinois. Plainfield is a southwest suburb of Chicago, located 33-miles southwest, and is part ofWill County. The property is positioned along Route 59 at the north end of Plainfield between119th and 127th Streets and is part of the entryway into the Village of Plainfield for commuterstraveling from the north. The center is part of Plainfield's primary commercial corridor andfeatured visibility and exposure to over 30,000 VPD. The property finds itself submerged in acommercial thoroughfare surrounded by national retailers including Walmart, Target,Jewel-Osco, Menards, Meijer, CVS/Pharmacy, Starbucks, Buffalo Wild Wings, Panera, Chipotle,McDonald's, and Burger King, among many others. Additionally, the property is inclose proximity (>1.5-miles) of both Plainfield East High School and Plainfield North HighSchool, driving local traffic to the area. From a regional perspective, the property isconveniently located just over 2.5-miles (west) of Interstate-55 and is within 1.5 miles (east) ofroute-30, connecting commuters and delivery vehicles to the neighboring communities andthe interstate system.

ZONING

North Plainfield Crossing is zoned B-3: Highway Business District. The B-3 zoning is designed toprovide more diversified and flexible zoning district for an array of retail businesses.Additionally, the zoning places a greater impact on the land and the surrounding area to helpspur development.

PROPERTY DESCRIPTION


PROPERT Y DESCRIPTION

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COMPLETE HIGHLIGHTS

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PROPERTY HIGHLIGHTS

In place NOI of approximately $713,040 at existing 94.6%occupancy

12 of the 15 tenants have NNN leases in-place

The property finds itself submerged in a commercialthoroughfare surrounded by national retailers includingWalmart, Target, Jewel-Osco, Menards, Meijer, CVS/Pharmacy, Starbucks, Buffalo Wild Wings, Panera,Chipotle, McDonald's, and Burger King, among manyothers.

Chop'd, the center's largest tenant in 13,500 SF, recentlysigned a ten (10) year NNN lease through October 2029

Recent 5-year renewals from One Main Financial, ProSports & Rehab, and Smile Care Dental

Two (2) pylon signs along Route 59 provide visibility andexposure to approx 30,000 VPD

Superb frontage along Route-59 (779' with multipleaccess points leading to an on-site parking lot with 200spaces (6.47/1,000 SF)

AREA HIGHLIGHTS

Located 2.5 miles west of Interstate-55 and 1.5 miles eastof Route-30 (Lincoln Hwy), providing convenient accessto the neighboring suburbs and entire interstate system.

Located within 1.5-miles of Plainfield North High Schooland Plainfield East High School

Will County property taxes are much more businessfriendly than neighboring Cook County

ECONOMIC HIGHLIGHTS

The property finds itself in a densely populated area witha population of 139,731 within a 3-mile radius and679,573 within a 5-mile radius

The average household income within a X-mile radius is$125,000 within a 1-mile radius

There are 41,576 total households within a 3-mile radiusof the property and 221,300 households within a 5-mileradius


PROPERT Y DETAILS

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PROPERTY NAME:

ADDRESS:

CITY, STATE, ZIP:

PROPERTY TYPE:

APN:

LOT SIZE:

BUILDING SIZE:

OCCUPANCY:

NOI:

NUMBER OF UNITS:

NUMBER OF OCCUPIED UNITS:

ZONING:

YEAR BUILT:

PARKING ON-SITE: FRONTAGE:

TRAFFIC COUNT:

North Plainfield Crossing

12337 S Route 59

Plainfield, IL, 60585

Multi-Tenant Retail

01-27-301-017

6.55 Acres

55,185 Square Feet

94.6%

$713,040

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B-3: Highway Business District

2003

200 Surface Level Spaces 779' along Route-50

30,000 VPD

Website: https://www.thecraftdlife.com/

Industry: Restaurant

Number of Locations: Two (2)

Website: mpgfitness.com

Industry: Fitness/ Personal Training

Number of Locations: One (1)

MPG Fitness was founded in 2017. MPG is a local gym that features a widevariety of functional equipment with an emphasis on cardiovascular healthand strength training. MPG fitness also has a full selection of strongmanand power-lifting equipment and cater to any clients goals. Their primaryconcern is our client, their goals and our facility. Cleanliness and customersatisfaction is their top priority. Additionally, MPG has a sister-gym inShorewood, where client's in the area with a monthly-membership canbounce from location to location. Lastly, MPG also provide an array ofclasses, cryotherapy as well as group lifting, yoga and pilates classes.

Chop'd was founded in 2019 by two Plainfield locals, Barry Michael andCorey Knowles. Barry and Michael have over 40 years of high volumerestaurant and bar experience in the Chicagoland area and started thebusiness last year. The menu creates a new genre called "American Craft":large, over sized portions, that will catch each persons eye before the foodeven hits the table. The menu is centered around the in house smokedmeats with a variety of options for all taste buds. The food is fun unique andapproachable. Additionally, Chop'd also has a large selection of beer andhosts several local events.

Chop'd

MPG Fitness

TENANT OVERVIEW


TENANT OVERVIEW

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Website: www.onemainfinancial.com

Industry: Financial Services

Revenue: ~$3.65 Million (2018)

Website: www.enterprise.com

Industry: Car Rental

Revenue: $20.9 Billion

Enterprise Rent-A-Car is an American car rental company headquartered inClayton, Missouri. The company was founded in 1957 and is the secondlargest rental car company in the United States. The company's primaryfocus is the local rental car market, specializing in car rentals to consumerswho need a replacement car as the result of an accident, mechanical repair,theft, or require a vehicle for a special occasion such as a short business trip.

OneMain Financial is an American financial services holding companyheadquartered in Evansville, Indiana with offices throughout the UnitedStates. The company owns Springleaf Finance Corporation and itssubsidiaries through which it operates in the consumer finance andinsurance industries as OneMain Financial. The business primarily focuseson personal locals and optional insurance products for client with limitedaccess to traditional lenders.

OneMain Financial

Enterprise Rent-A-Car

TENANT OVERVIEW


TENANT OVERVIEW

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Website: BeachForDogs.com

Industry: Retail- Animals/Dogs

Number of Locations: Seven (7)

Website: prosportschiro.com

Industry: Healthcare

Number of Locations: One (1)

Pro Sports Rehab is owned and operated by Dr. Randy Cybulski. Dr. Cybulskiis one of the leading sports injury rehab doctors in Plainfield. With morethan 20 years of experience, Dr. Cybulski has helped his patients find healingand relief by offering a multidisciplinary practice. Pro Sports Rehab provideslocals a team of doctors that focus on an array of treatments including:acupuncture, chiropractic care, massage, physical therapy, laser therapy,custom foot orthotics and more.

Beach For Dogs (BFD) is a retail chain centralized in the Chicagoland area.BFD is a retailer that is franchise driven that provides a "one-stop-shop" forall things dogs. BFD puts an emphasis on Dog Training, but offers a varietyof services including: grooming, boarding, daycare, home boarding,grooming and a traditional retail store that sells a variety of food, toys andtreats. Currently BFD has seven locations in the Chicago suburbs but isactively expand their operation in 2020.

Beach For Dogs

Pro Sports Rehab

TENANT OVERVIEW


TENANT OVERVIEW

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FINANCIAL ANALYSIS2

Rent Roll

Income Statement

477 Elm Place, Highland Park, IL 60035 www.frontlinerepartners.com


Rent Roll

Occupancy Rate

Total Occupied (SF) 52,073 94.6%

Total Vacant (SF) 3,000 5.4%

Total Center (SF) 55,073

Tenant Name Suite Number Unit Size (SF)

Lease Start

Lease End Base Rent PSF

Monthly Base Rent

Monthly Reimbursable

Income

Gross Annual Rent

MPG Fitness 101-107 8,200 3/1/17 2/28/22 $6.00 $4,100.00 $2,904.17 $84,050.04

Color Me Bronze 109 1,950 5/1/17 4/30/22 $13.39 $2,175.88 $0.00 $26,110.56

A Thin Line Tattoo 111 1,950 11/1/13 1/31/24 $19.00 $3,087.50 $812.50 $46,800.00

Zen Salon & Spa 113 1,950 10/15/02 2/28/23 $17.00 $2,762.50 $893.75 $43,875.00

Beach For Dogs 115 1,950 8/1/19 1/31/24 $24.00 $3,900.00 $893.75 $57,525.00

Pro Sports & Rehab

117-123 7,800 1/1/20 12/31/25 $16.00 $10,400.00 $3,250.00 $163,800.00

Smile Care Dental 125 975 9/1/14 8/31/24 $27.70 $2,251.01 $0.00 $27,012.12

Delicia 127-129 4,798 7/1/12 12/31/25 $15.52 $6,206.48 $2,380.88 $103,048.32

VACANT 131 1,500

Tha Greenscreen 133 1,500 4/15/19 4/14/22 $16.00 $2,000.00 $656.25 $31,875.00

Enterprise 135 1,500 11/5/08 10/31/23 $23.81 $2,975.63 $1,188.01 $49,963.68

Clipper Parlor 137 1,500 1/1/20 5/30/25 $15.00 $1,875.00 $562.50 $29,250.00

One Main Financial 139 1,500 10/1/14 9/30/24 $27.54 $3,442.09 $0.00 $41,305.08

Twist Yoga 141 1,500 2/1/19 1/31/22 $23.19 $2,898.75 $0.00 $34,785.00

Savino’s Beef 143 1,500 11/1/19 10/31/24 $19.00 $2,375.00 $687.50 $36,750.00

Vacant 145 1,500

Major Threat 147-163 13,500 11/26/19 10/31/29 $10.00 $11,250.00 $5,062.50 $195,750.00

Total 55,073 $61,699.84 $19,291.81 971,899.80

477 Elm Place, Highland Park, IL 60035 www.frontlinerepartners.com


Net Operating Income

Income

Base Rent $740,398.08

Recovery Income $231,501.72

Total Income $971,889.80

Expenses

Real Estate Taxes $163,157.14

Common Area Maintenance and Utilities $59,376.82

Management $24,684.48

Insurance $11,631.00

Total Expenses $258,849.44

NOI $713,040.36

LOCATION INFORMATION3

Retail Aerial

Aerial/Parcel Maps

LOCATION INFORMATION

RETAILER AERIAL

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LOCATION INFORMATION

AERIAL/PARCEL MAPS

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DEMOGRAPHICS4

Demographics Map

DEMOGRAPHICS

DEMOGRAPHICS MAP

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HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

TOTAL HOUSEHOLDS 1,407 41,576 221,304

# OF PERSONS PER HH 3.5 3.4 3.1

AVERAGE HH INCOME $125,802 $126,616 $97,800

AVERAGE HOUSE VALUE $400,915 $326,053

POPULATION 1 MILE 5 MILES 10 MILES

TOTAL POPULATION 4,873 139,731 679,573

POPULATION DENSITY 4,873 139,731 679,573

MEDIAN AGE 32.9 34.0 33.9

MEDIAN AGE (MALE) 32.5 33.1 32.9

MEDIAN AGE (FEMALE) 33.0 34.8 34.7

RACE & ETHNICITY 1 MILE 5 MILES 10 MILES

TOTAL POPULATION - WHITE 3,776 105,630 483,947

TOTAL POPULATION - BLACK 261 8,622 58,329

TOTAL POPULATION - HISPANIC 481 16,055 138,191

TOTAL POPULATION - ASIAN 657 17,154 56,724

TOTAL POPULATION - HAWAIIAN 0 146 280

TOTAL POPULATION - INDIAN 7 139 1,539

TOTAL POPULATION - OTHER 89 5,294 61,397

ADDITIONAL INFORMATION5

Additional Photos

ADDITIONAL INFORMATION

ADDITIONAL PHOTOS

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http://www.frontl inerepar tners.com/proper ty- l ist ings?proper tyId=535210-sale

847.780.8065

847.919.3816

www.frontlinerepartners.com

NORTH PLAINFIELD CROSSINGS ALONG ROUTE 59 (CHICAGO MSA)

main

fax

Frontline Real Estate Partners, LLC

477 Elm PlaceHighland Park, IL 60035

55,073 SF | 96% Leased Multi-Tenant Retail Center For Sale in Plainfeld, IL (Chicago MSA)

ANDREW RUBINOffice: 224.628.4005Cell: 224.628.4005Email: [email protected]

ANDREW PICCHIETTIOffice: 847.602.2005Cell: 847.602.2005Email: [email protected]

MATTHEW TARSHISOffice: 847.780.8063Cell: 847.542.9058Email: [email protected]

ZACK PEARLSTEINOffice: 847.275.6106Cell: 847.275.6106Email: [email protected]

north plainfield crossing along route 59 (chicago msa)

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