Trio Retail Center
Retail | 6.00% CAP | 10,316 SqFt
Marketing description
The Trio Retail Center is located at 328 N. Des Plaines Street, Chicago, IL 60661, in the Fulton River District near the West Loop. It is a mixed-use development featuring 10,253sf of retail space (subject property) with residential units above, with high visibility at a signalized intersection and proximity to the Clinton Station (Green and Pink Lines) and Grand Avenue Station (Blue Line).
Immerse yourself in the vibrant energy of Chicago's West Loop, where the Trio Retail Center is ideally located. This bustling neighborhood is renowned for its thriving culinary scene, trendy boutiques, and innovative businesses. Nearby, the iconic Willis Tower offers unparalleled views, while the bustling Randolph Street Market District provides an eclectic array of dining and entertainment options. With the acclaimed United Center and the Chicago Riverwalk just a short distance away, the area promises a dynamic mix of culture and commerce. Perfectly positioned for retail and lifestyle center investors, this prime location offers endless opportunities to tap into the pulse of Chicago's urban vitality
Investment highlights
- Mixed-Use Development: The center includes approximately 10,000 SF of retail space, a 65,000 SF Jewel-Osco grocery store, and a 100-unit luxury apartment tower, creating a built-in customer base and vibrant community.
- High Visibility: Located at a signalized intersection with 314 feet of frontage on N. Des Plaines Street, it ensures excellent exposure to both pedestrian and vehicular traffic.
- Transit Accessibility: It's within walking distance to Clinton Station (Green and Pink Lines) and Grand Avenue Station (Blue Line), making it highly accessible via public transportation.
- Strong Demographics: The area boasts a population of over 450,000 within a 3-mile radius and an average household income of $125,000, indicating strong purchasing power.
- Shadow Anchored by Jewel-Osco: This major grocery store draws consistent foot traffic, benefiting surrounding retailers.
- Retail Synergy: Tenants include Chase Bank, Bentley’s Pet Stuff, The Joint Chiropractic, and Dentistrie, contributing to a diverse and complementary retail mix.
- Parking Availability: The center offers 117 parking spaces, which is a valuable amenity in a dense urban setting.
- Neighborhood Appeal: Situated in the Fulton River District, part of the booming West Loop, the area is known for its upscale residential and commercial growth, attracting tech companies, hospitality, and lifestyle brands.
- Sale Price: Subject To Offer
- Video Link; https://player.vimeo.com/video/1126005863?autoplay=1
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