McLean Square | Neighborhood Strip Retail
Anchored by Dollar Tree | 100% Occupied | Avg HH Income of $116,300
Marketing description
This 100% occupied shopping center is anchored by a top-performing Dollar Tree, which has operated here since 2014 and ranks in the top 16% nationwide by annual visits. The property has strong leasing momentum with new long-term commitments from EVgo, Total Wireless, Great Wall Chinese Restaurant, and Papa Saverio’s Pizza. Nine of the ten tenants include annual rent increases, supporting a fully net-leased and stable income stream. EVgo will install 12 fast-charging stalls onsite, creating a prominent EV charging hub with limited nearby competition. The center sits on a 2.14-acre parcel with visibility along N. McLean Blvd (18K VPD) and nearby access to Interstate 90 (105K VPD). It is surrounded by national retailers, dense industrial employment, and key drivers such as Judson University and Advocate Sherman Hospital. The trade area is exceptionally strong, with more than 78,000 residents and 87,000 employees within three miles and an average household income of $116,300 within five miles.
Investment highlights
100% occupied shopping center anchored by a top performing Dollar Tree store (Top 16% of locations nationwide by visits)
New leasing momentum | 3 leases signed in 2025 and 1 lease in 2024
EVgo signed a 10-year lease with rent commencing in Q4 2026 | Lack of EV fast-charging competition in the area
1.1 miles from the Big Timber Metra Train Station (2.73 million passengers in 2024)
78,427 people live, and 87,504 people work within a three-mile radius
Average household income of $116,300 within a five-mile radius
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