FOR SUBLEASE 7400 Woodward Avenue

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Description• 104,231 SF former JCPenney

• Space is divisible

• Great grocery or general merchandise location

• Immediate access to full interchange on I-355 with 133,600 VPD

• Opportunity to sublease with JCP or LL will consider new lease and term

Contact

MICHAEL [email protected]

FOR SUBLEASE

7400 Woodward AvenueWoodridge, IL

SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320

OverviewAVAILABLE 104,231 SF Divisible

OCCUPANCY September 2017

AVAILABLE104,231 SF

355

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Woodward Avenue

Demographics 1 MILE 2 MILE 3 MILE

Total Population 14,253 50,193 97,239Total Households 5,350 19,202 38,093Average HH Income $108,548 $113,092 $120,357

Traffic Counts75th Street 32.300 VPDWoodward Avenue 16,500 VPDI-355 136,000 VPDYear: 2016 | Source: Esri

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P Trade Area, Center NameCity, ST

| 155 N. Wacker Drive, Suite 3660 | Chicago, Illinois, 60606 | 312.279.5320

AVAILABLE104,231 SF

7400 Woodward AvenueWoodridge, IL

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SRSRE.COM

1354 West Wellington AvenueChicago, IL 60657

SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

7400 Woodward AvenueWoodridge, IL 60517

SRS REAL ESTATE PARTNERS | 155 North Wacker Drive, Suite 3660 | Chicago, IL 60606 | 312.279.5320 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

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Executive Summary7400 Woodword Avenue | Woodridge, IL


Executive Summary7400 Woodward Ave, Woodridge, Illinois, 60517 Prepared by EsriRings: 1, 2, 3 mile radii Latitude: 41.75289

Longitude: -88.03118

1 mile 2 miles 3 milesPopulation

2000 Population 15,365 52,023 97,2652010 Population 13,817 49,200 95,7482018 Population 14,253 50,193 97,2392023 Population 14,472 50,713 98,3902000-2010 Annual Rate -1.06% -0.56% -0.16%2010-2016 Annual Rate 0.38% 0.24% 0.19%2016-2021 Annual Rate 0.31% 0.21% 0.24%2018 Male Population 49.4% 48.9% 48.7%2018 Female Population 50.6% 51.1% 51.3%2018 Median Age 38.5 40.6 41.8

In the identified area, the current year population is 14,253. In 2010, the Census count in the area was 13,817. The rate of change since 2010 was 0.38% annually. The five-year projection for the population in the area is 14,472 representing a change of 0.31% annually from 2016 to 2021. Currently, the population is 49.4% male and 50.6% female.

Median Age

The median age in this area is 38.5, compared to U.S. median age of 38.0.Race and Ethnicity

2018 White Alone 67.7% 72.6% 73.3%2018 Black Alone 7.9% 8.4% 8.2%2018 American Indian/Alaska Native Alone 0.3% 0.3% 0.2%2018 Asian Alone 15.8% 12.0% 11.6%2018 Pacific Islander Alone 0.0% 0.0% 0.0%2018 Other Race 5.4% 4.1% 4.1%2018 Two or More Races 2.8% 2.6% 2.6%2018 Hispanic Origin (Any Race) 14.8% 12.4% 11.7%

Persons of Hispanic origin represent 14.8% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 63.4 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 5,389 18,926 36,1772010 Households 5,177 18,780 37,3612018 Total Households 5,350 19,202 38,0932023 Total Households 5,432 19,402 38,5722000-2010 Annual Rate -0.40% -0.08% 0.32%2010-2016 Annual Rate 0.40% 0.27% 0.24%2016-2021 Annual Rate 0.30% 0.21% 0.25%2018 Average Household Size 2.66 2.61 2.54

The household count in this area has changed from 5,177 in 2010 to 5,350 in the current year, a change of 0.40% annually. The five-year projection of households is 5,432, a change of 0.30% annually from the current year total. Average household size is currently 2.66, compared to 2.66 in the year 2010. The number of families in the current year is 3,727 in the specified area.

Source: Esri, U.S. Census

April 17, 2019

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Executive Summary1354 West Wellington Avenue | Chicago, IL 60657


Executive Summary7400 Woodward Ave, Woodridge, Illinois, 60517 Prepared by EsriRings: 1, 2, 3 mile radii Latitude: 41.75289

Longitude: -88.03118

1 mile 2 miles 3 milesMedian Household Income

2018 Median Household Income $81,488 $82,150 $84,8232023 Median Household Income $87,875 $87,507 $90,7532016-2021 Annual Rate 1.52% 1.27% 1.36%

Average Household Income

2018 Average Household Income $98,445 $102,649 $109,3822023 Average Household Income $108,548 $113,092 $120,3572016-2021 Annual Rate 1.97% 1.96% 1.93%

Per Capita Income2018 Per Capita Income $37,210 $39,611 $42,9182023 Per Capita Income $41,037 $43,648 $47,2612016-2021 Annual Rate 1.98% 1.96% 1.95%

Households by Income

Current median household income is $81,488 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $87,875 in five years, compared to $59,476 for all U.S. households

Current average household income is $98,445 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $108,548 in five years, compared to $84,021 for all U.S. households

Current per capita income is $37,210 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $41,037 in five years, compared to $32,025 for all U.S. householdsHousing

2000 Total Housing Units 5,473 19,332 37,0752000 Owner Occupied Housing Units 3,857 14,320 27,3732000 Renter Occupied Housing Units 1,532 4,606 8,8042000 Vacant Housing Units 84 406 898

2010 Total Housing Units 5,429 19,641 39,3012010 Owner Occupied Housing Units 3,876 14,279 27,6522010 Renter Occupied Housing Units 1,301 4,501 9,7092010 Vacant Housing Units 252 861 1,940



Currently, 70.9% of the 5,539 housing units in the area are owner occupied; 25.7%, renter occupied; and 3.4% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 5,429 housing units in the area - 71.4% owner occupied, 24.0% renter occupied, and 4.6% vacant. The annual rate of change in housing units since 2010 is 0.90%. Median home value in the area is $277,183, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 1.39% annually to $296,935.

Source: Esri, U.S. Census

April 17, 2019

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Documents

FOR SUBLEASE 7400 Woodward Avenue