FOR SALE Gurnee Retail Center 3900 Washington … SALE Gurnee Retail Center 3900 Washington Ave....

FOR SALE

Gurnee Retail Center 3900 Washington Ave. Gurnee, IL

Catapult Realty, LLC 217 N. Jefferson St. Suite 600

Chicago, IL 60661 312-245-9000

pdincin@catapultrealty.com

OFFERING MEMORANDUM

Confidentiality and Disclaimer

The information contained in the following Marketing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Catapult Realty LLC. It should not be distributed to any other party without the written consent of Catapult Realty, LLC. The information contained herein is not a substitute for a thorough due diligence investigation. Catapult Realty,

LLC makes no warranty or representation with respect to the information.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT CATAPULT REALTY, LLC FOR MORE DETAILS.

Retail Shopping Center, Gurnee, IL

OFFERING SUMMARY

Site Description

Catapult Realty is pleased to present this 2.8 acre, 28,000 square foot retail center in Gurnee, Illinois. Conveniently located north of Chicago and near Gurnee Mills Shopping Center. This location benefits from a continually growing population and workforce base while providing the property exposure on Washington Street and Route 41 frontage road. Gurnee’s population has seen tremendous growth over the past 15 years. The property provides an excellent opportunity to re-tenant to create significant higher values.

Property   Value Add Retail Center  Property Address   3900 Washington

Gurnee , IL 60031  Assessor's Parcel Number   07-24-307-011  Zoning   B-2  

Number of Stories   1  Number of Tenants   15 Year Built   1988  Gross Building Area   28,028 square feet  Gross Leasable Area (GLA)   28,028 square feet  

Lot Size   2.8 Acres = 121,968 square feet  Type of Ownership   Fee Simple  Parking   160 Spaces  

The Offering:

Washington Commons Gurnee, IL

Property Summary

•  28,028 net leasable sq. Feet •  High visibility on heavily travelled

Washington Street and Route 41 frontage road.

•  Traffic count 21,300. •  Easy access of Hwy 41.

•  21 store fronts with 15 tenants ranging from 1200 sf to 8000 sf

•  Long term established tenants

•  Opportunity to create value by bringing tenants.

•  Parking for 160 cars

Value Add Retail Shopping Center on Northwest Hwy in Cary, IL

OFFERING SUMMARY

Net Rentable Area (NRA) 28,028

Year Built 1988

Lot Size 2. 8 Acres

Parking 160 spaces

Washington Commons

WASHINGTON COMMONS 3900 WASHINGTON STREET GURNEE, IL 6031

RENT ROLL

WASHINGTON COMMONS OPERATING EXPENSE

Washington Commons Layout

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Location

Gurnee’s population in 2012 was 31,273 representing a 8.5% increase since 2000.

Market Information

Gurnee Market Information

Traffic Counts

Washington Commons

Zoning Gurnee, Illinois

Cary Square B-2 Washington

Commons C/B2

Real Estate Taxes

Address Tax ID 2013 EAV Square Feet 2013 real estate taxes 3900 Washington Street, Gurnee IL 60031 07-24-307-011 $456,416 121,968 $45,395