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400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987 www.vequity.com
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400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

Aug 25, 2020

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Page 1: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

4 0 0 To w n c e n t e r D r i v e

M a t t e s o n , I L 6 0 4 4 3

4 0 0 N O R T H S T A T E S T R E E T I S U I T E 4 0 0 C H I C A G O , I L 6 0 6 5 4

3 1 2 . 9 8 5 . 0 9 8 7 w w w . v e q u i t y . c o m

Page 2: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 2

* PHOTO IS NOT REPRESENTATIVE OF ACTUAL PROPERTY

1 , 5 0 0 - 3 , 5 0 0 S F A V A I L A B L E N E X T T O P O T B E L L Y S A N D W I C H W O R K S

A D J A C E N T T E N A N T S I N C L U D E V E R I Z O N W I R E L E S S , C H I P O T L E , F I V E G U Y S , P A N E R A B R E A D , O F F I C E M A X , T O Y S ” R ” U S , M A R S H A L L S , S TA R B U C K S , B M O H A R R I S B A N K , A N D M A N Y M O R E

S T R O N G P E R F O R M I N G R E S TA U R A N T S I N I M M E D I AT E A R E A I N C L U D I N G C H I P O T L E , F I V E G U Y S , P O T B E L L Y , G I O R D A N O S , S TA R B U C K S , P A N E R A B R E A D , A N D M O R E

FO

R L

EA

SE

L O C AT E D AT S I G N A L I Z E D E N T R A N C E T O P O W E R C E N T E R

P R O P E R T Y I S H I G H L Y A C C E S S I B L E & J U S T O F F I - 5 7 - A M A J O R T H O R O F A R E A N D S E R V E S A S M A I N R O U T E C O N N E C T I N G M E M P H I S , N E W O R L E A N S A N D S T . L O U I S T O C H I C A G O

M U L T I - T E N A N T S H O P P I N G C E N T E RJ O I N M A T T E S O N ’ S R E S T A U R A N T R O W

4 0 0 T O W N C E N T E R D R . , M A T T E S O N , I L

Page 3: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 3

+ Signalized intersection

+ Significant on-site parking

+ Drive-thru and outdoor patio

seating on West end cap

+ New Long Term NNN Lease

with Options to Extend

+ Immediate Occupancy

+ Adjacent tenants included

Chipotle, Five Guys, Verizon

Wireless, Vitamin Shoppe

+ Highly desirable location in

dense South Suburban Trade

Area of Chicago

+ Trade area includes national

retailers Petsmart, Sports

Authority, Office Max, Panera

Bread, Olive Garden

DESCRIPTION

The subject property is a 6,000 SF two-tenant retail shopping center located at a signalized entry way to Matteson

Town Center in Matteson, IL. This property is located on Route 30 just east of Interstate 57 in dense retail trade

area. This building is fronting a large shopping center that includes Office Max, Toys R Us and many other national

retailers. Retailers in close proximity include Chipotle, Five Guys, Vitamin Shoppe, Starbucks, Verizon Wireless and

many more. The property consists of a 1.0 acre lot and 6,000 SF building at 400 Town Center Road, Matteson,

IL which is located in the south suburban Chicago-land Area. Tenants include Potbelly Sandwich Works which is

publicly traded on the NASDAQ: PBPB.

J O I N P O T B E L L Y S A N D W I C H W O R K S ( N A S D A Q : P B P B )

+ High quality design,

construction and tenancy

+ Located on heavily trafficked

signalized intersection with

56,200 VPD

+ Household income in excess of

$70,000 within three (3) miles

PROPERTY CHARACTERISTICS

Page 4: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 4

The subject property is located in Matteson, IL . Matteson is a thriving community that is conveniently located off I-57, just 30 minutes from downtown Chicago. It is also home to hundreds of businesses and two major hospitals. Matteson features a culturally diverse residential population, a growing business area with a vast amount of shopping centers, award-winning schools, surrounding universities, a state-of-the-art community center and exceptional Village services.

L O C A T I O NM A T T E S O N , I L

PROPERTY CHARACTERISTICS

The subject property benefits from excellent visibility seeing over 56,200 VPD and being located at the signalized entryway via Route 30. Neighboring tenants include Verizon Wireless, Chipotle, Vitamin Shoppe, Chipotle, Panera Bread Company, Office Max, Sports Authority, Pet Smart, Olive Garden and many more. The site is located next to the proposed Lincoln Mall Redevelopment with over 550,000 SF of retail, residential, grocery, and office space.

E S T I M A T E D P O P U L A T I O N

A V E R A G E H H I N C O M E

1 - M I L E 3 - M I L E S 5 - M I L E S

A R E A D E M O G R A P H I C S

1 2 , 8 7 4 7 3 . 6 8 0 1 4 2 , 3 5 3

$ 7 3 , 4 4 6 $ 8 0 , 4 2 1 $ 8 9 , 4 6 3

D A Y T I M E P O P U L A T I O N 1 2 , 7 1 7 5 8 , 2 0 7 1 1 9 , 0 6 4

Page 5: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 5

A E R I A L O V E R V I E W4 0 0 T O W N C E N T E R D R I V E , M A T T E S O N , I L

+ 3,500 SF retail shopping center adjacent to Chipotle, Five Guys, Verizon Wireless, Vitamin Shoppe and across from proposed 550,000 SF redevelopment of Lincoln Mall

+ Outlot to two major power centers

Page 6: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 6

S I T E P L A N4 0 0 T O W N C E N T E R D R I V E , M A T T E S O N , I L

LINCOLN HIGHWAY (U.S. ROUTE 30)

N. GATEWAY DR.A0.1

+ 1 , 5 0 0 - 3 , 5 0 0 S F A V A I L A B L E F O R I M M E D I AT E O C C U P A N C Y

Page 7: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 7

F L O O R P L A N4 0 0 T O W N C E N T E R D R I V E , M A T T E S O N , I L

A1.0

+ TENANT 1 ( Potbelly Sandwich Shop) : 2,400 SF

+ TENANT 2 : FOR LEASE: 1,500-3,500 SF

FOR LEASE

Page 8: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 8

E L E V A T I O N S4 0 0 T O W N C E N T E R D R I V E , M A T T E S O N , I L

S O U T HE L E V A T I O N

W E S T E L E V A T I O N

N O R T H E L E V A T I O N

E A S TE L E V A T I O N

Page 9: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

© 2 0 1 6 V E Q U I T Y L L C . C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 9

N E E D M O R E I N F O R M A T I O N ?P L E A S E C O N T A C T :

Vequity LLCO 312.985.0978C [email protected]

A N D R E W C O H E NM A N A G E R , A C Q U I S I T I O N S & L E A S I N G

Page 10: 400 Towncenter Drive Matteson, IL 60443 · 400 Towncenter Drive Matteson, IL 60443 400 NORTH STATE STREET I SUITE 400 CHICAGO, IL 60654 312.985.0987

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4 0 0 N O R T H S T A T E S T R E E T I S U I T E 4 0 0 C H I C A G O , I L 6 0 6 5 4

3 1 2 . 9 8 5 . 0 9 8 7 w w w . v e q u i t y . c o m