Otter Creek Shopping Center

Elgin, Illinois
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Offering Highlights

Chicago Area dominant community center featuring Burlington, Hobby Lobby, Big Lots, Harbor Freight. 96% occupied, shadow anchored by Target.

30% of GLA is new to the center or recently renewed. 60% of the leased GLA has been at property for over 10 years.  93% of revenue is from national tenants or franchisees of national tenants.

Strong sales volumes. 2028 weighted average anchor lease term. Nearest same anchor tenant  locations 9-20 miles away.

Prime Randall Road and Elgin Bypass location. $104,398 average household income and 154,622 people in 5-mile radius. Low Kane County real estate taxes.

Will trade below replacement cost.

Status: In the Market

Marketing Team

John May
o: (630) 990-7979
c: (630) 379-4500
Reid Eber
o: Senior Analyst
c: (630) 990-7904