67 67 Bryan Rosenberg & Pat Shields, licensed real estate brokers in the state of Illinois, along with Holliday Fenoglio Fowler, L.P. (collectively HFF ).
6726 7 Holliday Fenoglio Fowler, L.P. ( HFF ) is pleased to present 6677 (the Property a boutique office building strategically located at the intersection of urban and suburban Chicago. Located just 10 miles north of the CBD, 6677 is situated at the heart of the established retail corridor, which serves as a gateway to Chicago's affluent Shore suburbs. With a history of strong tenant retention, investors are provided a unique opportunity to secure long term stable cash flow through continued execution of tenant renewals in a rising market. KEY PROPERTY STATISTICS Address: 6677 City: wood, IL Total Rentable Area: 28,336 RSF Built/Renovated: 1968/19 Stories: 4 Percent Occupied: 95.7% WALE: 1.89 Years Typical Floor Plates: 6,695 RSF Finished Ceiling Height: 8' Estimated Slab to Slab Ceiling Height: 10' Surface Parking: 101 Stalls
6677 AMENITY RICH SUBURBAN IN-FILL The Property's unique urban in-fill location at the center of the retail corridor offers tenants convenient access to transportation as well as an abundance of dining, entertainment and retail amenities. Lou Malnati s, Chicago s famous pizzeria, opened its first location adjacent to the Property in the early 1970 s. Also in proximity to the Property is Bryn Mawr Country Club, one of the premier clubs in the country. wood Town Center Mall is under a mile from 6677, providing direct access to over 90 retailers, such as Old Navy, Kohl s, Express, Victoria s Secret, and more. L. Wood s Tap and Pine Lodge, located along the corridor, is one of the first Lettuce Entertain You restaurants brought to the Chicagoland area. The retail corridor drives significant traffic through the area by providing a collection of best-in-market historic establishments. Boost Mobile Candy Mart Carson Pirie Scott Champs Sports Charlotte Russe Chicago Locker Room by Lids Claire's Dolce Vita ecoatm 156,800 Cars Per Day Village of wood City Hall wood Town Center Retailers Express Express Men Family Chiropractic Famous Footwear Femme Fatale Finish Line Foot Locker Forget-Me-Not Boutique Gamers World GameStop GFC Buffalo's GNC Great Steak & Potato Company Haagen-Dazs Hot Topic Journeys Kay Jewelers Kids Foot Locker 6677 @titude 4 Seasons Nails 90 Miles Cuban Cafe ABE & Co. AccessorEZ Arman Jewelers Art of Health Auntie Anne's Pretzels Bath & Body Works Best Buy Mobile Kohl's LensCrafters Lids wood Town Center Dental Metro PCS Modern Nails Mulan Natural Radiance Spa NBG Outfitters of Chicago New York & Company Outlet Nori Japan Old Navy Oxford Jewelers Payless ShoeSource Perfume Outlet Piercing Pagoda PINK Rapid Repair Jewelry & Watches Regis Salon rue21 Spencer's Sprint Store by Wireless Evolution Sunshine Phone Accessories The Art of Threading Bryn Mawr Country Club Villa Fresh Italian Kitchen VisionWorks XFINITY Zales Zippity Zoomer Rides Zuni's Salon wood Centennial Park Carefirst Home Health Services Inc 17,200 Cars US Per Day The Children's Place The Coffee Beanery Things Remembered T-Mobile Top Note Performing Arts Academy Torrid Underground by Journeys Victoria's Secret Ro u te 41/ Lin col na ven ue Firestone Complete Auto Care shore Pediatrics 3
250 e ke Oriole Nagle 92 Asbury Peterson Bus 84 to Brown Line Ri dg e 1111 Foster 136 144 Western Lawrence 90 Montrose Addison 152 Irving Park 154 9 ulina Addison 82 Rockwell Irving Park outhport 148 Cicero Central Austin Narragansett Oak Park 53 Foster Heights Harlem Western Ozanam Canfield Higgis The Property insideally situated in the first suburb outside of 91 88 the Chicago limits, providing for convenient Hconnectivity to the Foster igg ins 64 City. The property is situated 15 minutes from the Bryn Mawr 90 CTA Red Line stop and 3Gunnison miles from the Kedzie CTA Brown 81 W Lawrence Line 81 W stop, which provides public transportation to popular 152 ue Kimball Courtland Canfield 68 en Clark ee uk 4 Av 6677 lwa Peterson Park, along with access toethe Loop, Chicago s Central rv se retransit Business District. This public connectivity coupled with P st e r the convenient accessfoto Interstate- positions wood 326 80 accessible office market. as a highly k ln Pratt between $110,900 to $250,000. Fittingly, the Suburban Norridge 290 co M 290 Devon Harwood such as Lakeview and urban residential neighborhoods 331 in Bus to Purple & Red Line 290 225 alc to 15 of Chicago's 34 market isthome No Fortune 86 500 headquarters ott rth 225 along with numerous other prominentwcorporate locations. es Higgins t 209 Hw y M M /L California 41 Mi Cumberland e Kedzie r ut 226 Wilmette, which are home to a highly 270 educated white collar Av 68 423area executives. The average household on and many labor force da Imlay 56A le Devon income of 56Asuburban communities ranges 88the surrounding north BEST OF THE CITY umberland Ro Pulaski Overhill Prospect S L Howard Howard U 290 communities such as Evanston, Glenview, Winnetka, and 81 W Evanston Ridge Dempster 206 PM to the surrounding area via unrivaled Chicago Transit Authority BEST OF THE SUBURBS 241 206 AM Oakton 209 The Property offers immediate access to affluent Shore 90N 290 Davis Dempster Oakton Chicago's urban and suburban communities and is connected Howard funded public transportation 225 networks as well as Chicago's 225 Niles prime north south artery, Interstate-. 93 201 Foster Church Niles Free Bus Routes 141, 412, 413 The Property is uniquely positioned at the intersection of Call 847-588-7960 241 Ma A 626 Dodge au lw Mi Niles THE BEST OF BOTH WORLDS 213 Emerson Crawford Morton Grove 210 Ferris 423 97 54A Irving Park Blue Line Station 270 250 Golf Edens Expwy X98 to/from 208 ms 6677 208 Addison 135 152 13 1
67 7 41 60 21 90 LAKE FOREST 22 22 41 68 68 83 53 DEERFIELD WHEELING HIGHLAND PARK NORTHBROOK WINNETKA GLENVIEW 2 NILES LINCOLNSHIRE 6SKOKIE To Downtown Chicago 67WILMETTE EVANSTON FORTUNE 500 HEADQUARTERS IN CHICAGO MSA CHICAGO RANKING COMPANY 7 32 Ingredion 456 Food Production $5,704 Westchester, IL 33 Arthur J Gallagher 462 Diversified Financials $5,595 Itasca, IL Source: Fortune (2016) Suburban-based Headquarters Suburban-based Headquarters (1) Caterpillar will relocate to Deerfield in 2018 (2) FORTUNE 500 RANKING INDUSTRY McDonald s will relocate to downtown Chicago in 2018 2016 REVENUES (MILLIONS) 1 Walgreens Boots Alliance 17 Food and Drug Stores $117,351 Deerfield,IL 2 Boeing 24 Aerospace & Defense $,571 Chicago, IL 3 Archer Daniels Midland 45 Food Production $62,346 Chicago, IL 4 Caterpillar 74 Construction & Farm Machinery $38,537 Deerfield, IL 5 United Continental 83 Airlines $36,556 Chicago, IL 6 Allstate 84 Insurance $36,534 brook, IL 7 Exelon 89 Utilities: Gas and Electric $31,360 Chicago, IL 8 Mondelez International 109 Food Consumer Products $25,923 Deerfield, IL 9 AbbVie 111 Pharmaceuticals $25,638 Chicago, IL 10 Mcdonald's 112 Food Services $24,622 Oak Brook, IL 11 US Foods Holding 124 Wholesalers: Food and Grocery $22,919 Rosemont, IL LOCATION 12 Sears 127 General Merchandisers $22,138 Hoffman Estates, IL 13 Abbott Laboratories 135 Medical Products and Equipment $20,853 Abbott Park, IL 14 ConAgra Foods 197 Food Consumer Products $14,134 Chicago, IL 15 CDW 199 Information Technology Services $13,982 shire, IL 16 Illinois Tool Works 202 Industry Machinery $13,599 Glenview, IL 17 Discover Financial Services 277 Commercial Banking $10,497 Riverwoods, IL 18 Baxter International 281 Medical Products and Equipment $10,163 Deerfield, IL 19 W.W. Grainger 282 Diversified Wholesalers $10,137 Lake Forest, IL 20 LKQ 304 Diversified Wholesalers $9,082 Chicago, IL 21 Tenneco 322 Motor Vehicles and Parts $8,599 Lake Forest, IL 22 Navistar International 337 Motor Vehicles and Parts $8,111 Lisle, IL 23 Univar 338 Wholesalers: Diversified $8,074 Downers Grove, IL 24 Anixter International 359 Diversified Wholesalers $7,625 Glenview, IL 25 R.R. Donnelley & Sons 388 Publishing, Printing $6,896 Chicago, IL 26 Jones Lang LaSalle 391 Real Estate $6,804 Chicago, IL 27 Dover 392 Industrial Machinery $6,7 Downers Grove, IL 28 TreeHouse Foods 427 Food Consumer Products $6,175 Oak Brook, IL 29 Motorola Solutions 433 Network and Communications Equip. $6,038 Schaumburg, IL 30 Old Republic International 439 Insurance $5,901 Chicago, IL 31 Packaging Corp of America 450 Packaging, Containers $5,779 Lake Forest, IL 34 Essendant 487 Wholesalers: Electronics and Office Equip $5,369 Deerfield, IL
6766 7
6776 7 SIGNIFICANT TENANT RETENTION 6677 s rent roll includes 18 tenants from diverse industries. Many of the property s largest tenants have called the property home for well over 10 years, displaying a high desirability for well-positioned boutique office space. This includes significant tenants such as US Bank, Louis G. Karras, D.D.S., P.C. and Siro C. Karras, D.D.S., Glezer-Kraus, and Robert Kurtz, D.D.S., P.C.. Nearly 10,000 RSF or 40% of the current tenancy has on average been leasing office space at the property for an impressive 18 years, as indicated by the table to the right. Of these notable tenants, Glezer-Kraus and Robert Kurtz, D.D.S., P.C. have remained tenants of the Property for over 20 years. UNRIVALED RECENT LEASING VELOCITY 6677 has enjoyed tremendous leasing success over the past 36 months, helping to stabilize the property and provide an investor with a stable in-place cash flow. 93% of the rentable area has experienced leasing activity in the form of new tenancy or lease renewals in the past 36 months. Furthermore, a balanced rollover profile mitigates any near term concerns regarding income uncertainty and the need to invest in significant releasing costs. The in-place income stream from a diversified tenant roster establishes the Property as a secure office investment in a thriving market. BUILDING LOBBY TENANT SIZE (RSF) COMMENCEMENT DATE LAST RENEWAL EXPIRATION DATE 10 YEAR CLUB US Bank 3,189 6/1/2004 1/1/2015 12/31/2019 Louis G. Karras, D.D.S., P.C. and Siro C. Karras, D.D.S. 2,300 10/1/2004 1/1/2018 12/31/2021 20 YEAR CLUB Glezer-Kraus 2,128 3/1/1995 8/1/2017 7/31/2018 Robert Kurtz, D.D.S., P.C. 2,098 10/1/1995 10/1/2015 9/30/2019
Contact Information Investment Contacts Debt Contact HFF Chicago Bryan D. Rosenberg Patrick M. Shields Jason A. Bond 150 Riverside Plaza Suite 2500 Director Director Director Chicago, IL 60606 312.300.7282 312.528.3685 312.980.3608 Telephone: 312.528.3650 brosenberg@hfflp.com pshields@hfflp.com jbond@hfflp.com Fax: 312.528.3651 Jeffrey M. Bramson Jaime M. Fink Senior Managing Director/ Senior Managing Director Managing Broker 312.528.3683 312.528.3687 jfink@hfflp.com jbramson@hfflp.com Sam M. DiFrancesca Andrew M. Juiris Associate Analyst 312.300.7301 312.528.3677 sdifrancesca@hfflp.com ajuiris@hfflp.com 2017 Holliday Fenoglio Fowler, L.P. ( HFF ), HFF Securities L.P. and HFF Securities Limited (collectively, HFFS ) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 25 offices and is a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, advisory services, loan sales and commercial loan servicing. For more information, please visit hfflp.com or follow HFF on Twitter @HFF HFF has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than HFF and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.