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Brunswick Zone XL
1515 West Aurora AvenueNaperville, IL 60540 (Chicago MSA)
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1) Condentiality&Disclaimer
2) ExecutiveSummary
3) PropertyOverview
4) Aerial
5) SitePlan
6) Maps
7) TenantProle
8) DemographicComparisonReport
9) LocationOverview
10) ContactInformation
TABLE OF CONTENTS
TABLE OF CONTENT
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TheinformationcontainedinthefollowingOfferingMemorandumisproprietaryandstrictlycondential.Itisintendedto
bereviewedonlybythepartyreceivingitfromTheBoulderGroupandshouldnotbemadeavailabletoanyotherperson
orentitywithoutthewrittenconsentofTheBoulderGroup.ThisOfferingMemorandumhasbeenpreparedtoprovide
summary,unveriedinformationtoprospectivepurchasers,andtoestablishonlyapreliminarylevelofinterestinthe
subjectproperty.Theinformationcontainedhereinisnotasubstituteforathoroughduediligenceinvestigation.The
BoulderGrouphasnotmadeanyinvestigation,andmakesnowarrantyorrepresentation.Theinformationcontained
inthisOfferingMemorandumhasbeenobtainedfromsourceswebelievetobereliable;however,TheBoulderGroup
hasnotveried,andwillnotverify,anyoftheinformationcontainedherein,norhasTheBoulderGroupconductedanyinvestigationregardingthesemattersandmakesno
warrantyorrepresentationwhatsoeverregardingtheaccuracy
orcompletenessoftheinformationprovided.Allpotentialbuyersmusttakeappropriatemeasurestoverifyallofthe
informationsetforthherein.
CONFIDENTIALITY & DISCLAIMER
CONFIDENTITALITY & DISCLAIME
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TheBoulderGroupispleasedtomarketforsaleasingletenantBrunswickZoneXLpropertylocatedwithinChicagoMSA.The80,425squarefootpropertyislocatedon6.9acresoflandintheprimarytradeareaofNapervIllinois.Napervilleisanafuentcommunitylocatedapproximately30mileswestofdowntownChicago.TheciNapervillehasbeenrankedinthetopveforMoney
Magazines: Best Places to
Live,threeofthelasteightyeBrunswickZoneXLhasoperatedatthislocationsince1997andrecentlyextendedtheirleasethroughJune2withtworentalescalations.Additionally,BrunswickZoneXLfeaturesabelowmarketrentalrate.BrunswickZXLisownedandoperatedbyBrunswickCorporation(NYSE:BC),andhasover100locationsintheUnitedStaandCanada.BrunswickZoneXLisafamilyfuncenterofferingbowling,arcadegames,billiardsandmore.
ThepropertyislocatedalongAuroraAvenue(18,100VPD)approximatelyonemileeastofIllinoisRoute59(50,5VPD).BrunswickZoneXLbenetsfromitslocationintheprimaryretailtradeareaonemilefromWesteldValleyregionalmall.WesteldFoxValleyisanchoredbyMacys,JCPenney,KohlsandSears.OtherretailertheimmediateareaincludeWal-MartSupercenter,SamsClub,SuperTarget,Costco,LowesandHomeDeAdditionally,thepropertyislocatednearSpringbrookPrairiePavilionretailcenterwhichistenantedbyDicks,WhFoods,NordstromRackandHomeGoods.Residentslivingwithinonemileofthepropertyenjoyaveragehousehincomeofapproximately$120,000annually.BrunswickZoneXLoffersitscustomers40lanesofbowling,billiardstables,eventrooms,gamezonearcade,lazertag,bumpercarsandabar&grill.
BrunswickZoneXLsoriginalfteenyearleasetermcommencedin1997andBrunswickZoneXLrecentlyextentheir
leasethrough June 2018. The net operating incomeincreases by 2.5%
in2016 and in2017. The
lehasoneadditional2-yearrenewaloptionwithannual2.5%escalations.Theleaseiscorporatelyguarantee
BrunswickCorporation.BrunswickCorporationisapubliclytradedcompanyontheNewYorkStockExchange(withamarketcapitalizationof$3billion.
INVESTMENT HIGHLIGHTS
LocatedwithintheChicagoMSA
2.5%rentalescalationsin2016andeveryyearthereafter
Belowmarketrentpersquarefoot
Tenanthasbeenatlocationforover16yearsandrecentlyextendedleasethroughJune2018
Positionedintheprimaryretailtradearea
CloseproximitytoWesteldFoxValleyregionalmallanchoredbyMacys,JCPenney,KohlsandSears
OthernearbyretailersincludeWal-MartSupercenter,SamsClub,SuperTarget,Costco,LowesandHomeDe
Corporatelyguaranteedlease(NYSE:BC)
NapervilleisanafuentsuburbofChicagowithaveragehouseholdincomeofapproximately$120,000withionemileoftheproperty
EXECUTIVE SUMMARY
EXECUTIVE SUMMAR
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PROPERTY OVERVIEW
PROPERTY OVERVIEW
Price: $4,400,000
CapRate: 9.68%
RenewalOptions: One2-Year
RentSchedule: NOI RentP/SF EscalationDate
$426,098 $5.30
$436,750 $5.43 7/1/2016
$447,669 $5.57 7/1/2017
$458,860 $5.71 7/1/2018(Option)
$470,332 $5.85 7/1/2019
LeaseCommencementDate: April3,1997
LeaseExpirationDate: June30,2018
Tenant: BrunswickZoneXL
Guarantor: BrunswickCorporation(NYSE:BC)
LeaseType: TripleNet
LandlordResponsibilities: StructureOnly
RentableSquareFeet: 80,425
LandSize: 6.9acres
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SITE PLAN
SITE PLA
AURORAAV
ENUE
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MAPS
MAP
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Population 1-mi 3-mi 5-mi
TotalPopulation 10,821 84,911 231,663TotalHouseholds 3,934
32,603 82,544
Income
MedianHouseholdIncome $101,233 $83,319
$94,340AverageHouseholdIncome $119,118 $103,284 $114,070
DEMOGRAPHIC COMPARISON REPORT
DEMOGRAPHIC COMPARISON REPOR
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Naperville
islocatedinDuPageandWillCountiesinIllinois.Thepopulationatthe2010censuswas141,853makingitthe5thlargestcityinIllinois.Ina2010studybybizjournals,NapervillewasnamedasthewealthiestcityintheMidwestandeleventhinthenationwithapopulationove75,000.Napervilleislocated28mileswestofdowntownChicagoandconsistentlyranksamongs
hetopcommunitiesinthenationtolive,raisechildrenandretire.NapervillehasbeenrankedinthetopvefoMoneyMagazines:BestPlacestoLive,threeofthelasteightyears.
Napervillehasadiversiedemployerbasethatfeatureshightechnologyrms,retailersandfactories,aswellasmallandhome-basedbusinesses.MajorareaprivateemployersofNapervilleincludeLucentTechnologies,Nico
Gas,BPAmoco,Tellabs,OndeoNalco,ConAgraFoods,Laidlaw,CalamosInvestments,SolarCommunicationsandKraftFoods.
www.naperville.il.us
Chicago
isthemostpopulouscityintheMidwesternUnitedStatesandthethirdmostpopulouscitintheUnitedStateswith2,700,000residents.ChicagoisthecountyseatofCookCounty,theseconlargestcountyintheUnitedStates.TheChicagoMSAisthethirdmostpopulatedmetropolitanareainthe
United States with 9,580,567residents.The MSA coversover1,300square
miles and si
ounties.TheChicagometropolitanareaishometothecorporateheadquartersof57Fortune1000companiesncludingBoeing,McDonalds,Motorola,DiscoverFinancialServicesandUnitedAirlines.Chicagoisamajorhubfondustry,telecommunicationsandinfrastructureandOHareInternationalAirportisthesecondbusiestairportinheworldintermsoftrafcmovement.
ThemetroisalsoamajornancialcenterinNorthAmerica,andishometothelargestfuturesexchangeintheUnitedStates,theCMEGroup.ChicagoisthirdintheworldontheGlobalFinancialCentersIndexwhichranksthe
ompetitivenessofnancialcentersbasedonpeople,businessenvironment,marketaccess,infrastructureandgeneralcompetitiveness.
www.cityofchicago.org
LOCATION OVERVIEW
LOCATION OVERVIEW
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b ld g
666DundeeRoad,Suite1801
Northbrook,IL60062
Randy Blankstein
President
847.562.0003
[email protected]
Jimmy Goodman
Partner
847.562.8500
[email protected]
CONTACT INFORMATION
CONTACT INFORMATIO
