1078 N. Rohlwing Rd., Addison, IL 60101
Size: 10,000 square feet
Acquisition Date: Fall 2010 - SOLD
Key Tenants: Chipotle, Panda Express
Completed in 2012, this project involved the acquisition of a former Denny’s restaurant that was an outparcel to a Wal-Mart Supercenter. The restaurant was demolished and redeveloped into a strip center with tenants including Chipotle, Panda Express, Game Stop, and Sportclips. The project was sold upon completion and generated IRRs greater than 20.0% to investors.