Investment Highlights
- 54 Percent of Tenants have Been in the Center for 10 Plus Years
- Strong Mix of National and Local Tenants: Dunkin’ Donuts, State Farm, Uni-Mart, El Burrito Loco, Etc.
- Located on Stop-Light Corner of 75th Street and Janes Avenue - In the Middle of Major Retail Corridor
- Shares Access Points and Parking Lot with Walgreens
- Surrounded by National Retailers and Restaurants
- One Block West of the Interstate 355/75th Street Interchange
- Strong Traffic Count of 35,100 Vehicles Daily
- Abundant Parking - Nearly Seven per 1,000 Square Feet
The subject property consists of a 51,099-square foot retail center located on the southwest corner of 75th Street and Janes Avenue in Woodridge, Illinois. The property is currently 92 percent occupied with a strong mix of national and local tenants including; Dunkin’ Donuts, El Burrito Loco, State Farm Insurance, Uni-Mart, Pizza Italiano, Doggie Diner, and many others. There is a significant valueadd opportunity through leasing the remaining 4,143 square feet of retail space that is available. Over half of the tenants have a long history in this shopping center, with
many of their leases commencing nearly 10 years ago. The success of these long-term tenants illustrates the strength of the real estate and its revenue potential.
Woodridge Plaza is located at the stop-light intersection of 75th Street and Janes Avenue with a traffic count of over 35,000 vehicles per day driving past the property. 75th Street is the major east/west thoroughfare and retail corridor in Woodridge. A Walgreens Pharmacy adjoins the property, sharing access points and the parking lot with the shopping center. There is abundant parking at the property with nearly seven spaces per 1,000 square feet. A Jewel-Osco grocery store is located directly across Janes Avenue. The property is a block west of the major interchange of 75th Street and Interstate 355. Traveling east from the property along 75th Street there are numerous
shopping centers, big box stores, restaurants, and local retailers lining either side of the street. The Grove Shopping Center, Woodgrove Festival, Chestnut Court, and the Downer s Grove Shopping Center are all less than a mile from the property and include national retailers such as Best Buy, Dollar Tree, Old Navy, Ross Dress for Less, Shoe Carnival, Kohl’s, Chili’s, Pizza Hut, Ultra Foods, and many, many others.
The area surrounding Woodridge Plaza is comprised of a growing upper-middle class population. There are over 255,000 people within five miles of the property making an average household income in excess of $104,000 annually. Woodridge is a young community with the vast majority of its homes, businesses, and churches constructed after the 1950s.
