2470 US HIGHWAY 34 # 2600 Oswego IL 60543-8520

Cushman & Wakefield’s Retail Investment Advisors presents Prairie Market (the Property), a 123,105 square foot open-air center located in Oswego, IL, one of the fastest growing communities in the Midwest (Kendall County). Anchored by national tenants Dick’s Sporting Goods, Best Buy, Barnes & Noble (new location), Ulta beauty, Five Below, and Dollar Tree, the Property benefits from below-market rents and a dominant regional trade area along Ogden Avenue (US Rt. 34). The majority of anchor tenants are single-digit rent payers, with average rents across the center at $11.91 per square foot and $9.20 per square foot over the 3 largest tenants: Dick’s Sporting Goods, Best Buy, and Barnes & Noble (new location). Prairie Market is shadow anchored by Walmart, Hobby Lobby, Meijer, Kohls + Sephora, HomeGoods, and a new construction Trader Joe’s.

Oswego, IL is one of the fastest growing communities in the Midwest with over 9,000 housing units under construction and recently approved. The primary drivers behind this growth are lower Kendall County taxes, lower cost of land, strong public school system, and increased quality of life. The recently announced Trader Joe’s due north of the center also reinforces the need for new retail, notably organic and specialty grocery stores. More than 203,000 residents currently live within 5 miles of the center with a average household income over $127,000.

Retail Corridor & Competitive Positioning

• Situated within the broader Prairie Market development totaling 679K SF across multiple phases

• Shadow-anchored by Walmart; surrounded by Aldi, Kohls, Burlington, and
  HomeGoods (coming soon, under construction)

• Among the top-performing centers in the market by visitation, per Placer.ai analytics

Undervalued Lease Rates - Tenancy & Leasing Strength

• Long-term leases with creditworthy national tenants

• Below-market rents (i.e., Best Buy, Ulta Beauty, Dick’s Sporting Goods)

• High sales performance: Best Buy, Ulta Beauty, Dick’s Sporting Goods

• Robust health ratios indicate strong tenant profitability and low occupancy costs*

Oswego Residential Boom

• Over 10,000+ new housing units planned or approved across 56 residential developments

• Current Projects/Recently Completed: Dr Horton - Deerbrook, Lincoln Crossings, Lincoln Prairie, Laurelton Place (+800 homes)

Strong Co-Tenants

• Includes high-ranking retailers such as Walmart, contributing to strong foot traffic and cross-shopping opportunities

• Shadow anchored by Walmart & Meijer

• Surrounded by national brands ALDI, Kohls, Burlington, and HomeGoods

• New Trader Joe’s under construction and to be delivered 2025/2026