Oak Park Avenue Center
Office | 7.48% CAP | 5,072 SqFt
Investment highlights
Stabilized Investment Opportunity - 100% leased dual-tenant medical plaza with a WALT of 6.45 years, Teamsters Local 727 occupying 81% of the building through 2033 with
two renewal options extending to 2043, and Forever Dental, a tenant in the building since 1994
Exceptional Demographics - Asset is located within a dense and affluent area with over 545,422 residents and an average household income of $92,600 within a 5-mile radius of the site
Location, Location, Location! - The property is ideally situated one mile east of North Riverside Park Mall, a dominant regional retail destination offering over 1 million square feet of shopping, dining, and entertainment. The mall attracts approximately 5.6 million visitors annually, driving strong consumer traffic to the surrounding area
Neighboring National Tenants - Surrounded by national tenants such as; Costco, Best Buy, Hobby Lobby, Kohl’s, Michaels, Marshalls, 7-Eleven, Raising Cane’s, Wendy’s, and more
High Traffic Intersection - The property is located at the signalized intersection of South Oak Park Avenue and West 26th Street, benefiting from strong visibility and exposure to a combined traffic count of approximately 24,261 VPD
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