Mattress Firm

Highlights

• Average household incomes within a 1-mile radius of the property are in excess of $126,000 per year
• Corporate lease signed by Mattress Firm, Inc.
• Directly across the street is Mount Prospect Plaza, a Walmart Supercenter anchored center with several other top tier national retailers
• Mattress Firm, Inc. executed a 7-year lease extension in 2026, running through August 31, 2033, reflecting over eleven years of continuous occupancy at this location since the original lease commencement in November 2014
• Mount Prospect is located amongst the high affluent suburbs of North Chicago and boasts impressive demographics
• Rent escalations built into both option periods: $38.50 PSF in Option 1 and $42.35 PSF in Option 2, representing meaningful mark-to-market upside relative to current rents
• The highly visible subject property is located at the intersection of Rand Road (22,099 VPD), a major retail thoroughfare, and Central Road (15,277 VPD)
• The parcel immediately across Mt. Prospect Road is currently being developed as a Raising Cane’s, further demonstrating the strength of the immediate trade area
• The subject property benefits from strong population density with more than 321,000 residents within in a 5-mile radius
• Two (2), 5-year renewal options extending potential tenancy through August 31, 2043

Attachments

• Property Brochure 1 () opens in new window

Location

Points of Interest