Urgent Care Anchored 3 Tenant Center
Located in a Major Retail Corridor | 180K Avg HH Income
Marketing description
The property is a fully occupied, renovated three tenant center with medical, wellness, and service tenants, all on net leases with annual increases. Kids Urgent Care, at the site since 2019 just signed a new 10 year extension and anchors the center alongside Libre Aesthetics, known for its 5 star reputation, and Dutch Cleaners, an environmentally certified “WetCleaners USA” operator. The site offers prominent frontage on Butterfield Road and benefits from shared access to Danada Square West, one of the region’s highest performing retail destinations (ranked in the top 11% nationally for visits). It is also surrounded by several top ranked centers, including Danada Square East, Rice Lake Square, and Town Square Wheaton. The trade area is both affluent and dense, with average household incomes over $180,000 within one mile and more than 233,000 residents and 331,000 daytime population within five miles.
Investment highlights
- 100% occupied three-tenant center anchored by Kids Urgent Care with a new 10-year extension
- All tenants on net leases with annual rental increases | Building underwent a renovation in 2018
- Frontage Along a Premier Retail Corridor | Butterfield Road with 22,900 VPD
- Shared access to Danada Square West, a nationally ranked center in the top 11% with 3.4M annual visitors (Placer.ai)
- Average household income of $180,442 within one mile
- Established tenant lineup delivering medical, wellness, and service-based demand
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