Wheeling Retail for Sale - Central North
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase The Learning Experience, a single tenant investment property located at 343 W Dundee Road in Wheeling, Illinois (the “Property”). The Learning Experience has been at this build-to-suit location since 2020 and has 9+ years remaining on their lease with two (2) 5-year renewal options. The lease includes attractive 10% rental increases every five years throughout the primary term and at the start of each renewal option period. The Learning Experience is situated within Wheeling Town Center, a modern mixed- use development that anchors downtown Wheeling. The development features a mix of national and local retailers and restaurants, Cinergy Cinemas, and One Wheeling Town Center, a 301-unit luxury apartment community. The Property is also adjacent to the Wheeling Metra Station and Heritage Park, which includes a community center, health and fitness facility, athletic fields, a performance pavilion, and the Family Aquatic Center. Strategically positioned along W Dundee Road (IL Route 68), the Property is just moments from S Milwaukee Avenue (US Route 45) and S Elmhurst Road (IL Route 83), two of the area’s primary commercial and commuter corridors. The surrounding area is characterized by established residential neighborhoods, large apartment communities, and nearby employment centers, providing a strong built-in customer base. In addition, the site offers convenient regional accessibility with quick connections to Illinois Routes 63 and 83 and Interstate 294, located approximately 3.5 miles to the east, allowing for efficient travel throughout the northern Chicago suburbs and the greater Chicagoland region.
