The Orchards at O’Hare€¦ · 150 R oom S 41,900 VPD. STEAK HOUSE. 160,000 VPD sni La Ds 21,900...
Transcript of The Orchards at O’Hare€¦ · 150 R oom S 41,900 VPD. STEAK HOUSE. 160,000 VPD sni La Ds 21,900...
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
FEATURESNEW MIXED USE DEVELOPMENT
+ Restaurant Space For Lease
+ Holiday Inn Express & Suites
+ BP Gas Station
GREAT DAYTIME POPULATION
+ 118,000 Employees within 3 Miles
+ 13M SF of Office Space in Submarket
NEAR ENTERTAINMENT
+ Allstate Arena
− 1.3M Visitors per Year
+ Donald E Stephens Convention Center
− 1M Visitors per Year
+ Rivers Casino
+ Rosemont Theatre
− 23,000 Visitors per Year
PROVEN RESTAURANT MARKET
+ Near Harry Carey’s Nick’s Fishmarket, Hugo’s Frog Bar, Ram, Gene & Georgetti & More!
CBRE, Inc. | 321 N Clark | Suite 3400 | Chicago, IL 60654
Joe Parrott, CRX, CLS
Senior Vice President+1 847 572 [email protected]
Sean McCourt
Senior Associate+1 847 572 [email protected]
EXCLUSIVE AGENTS
HUGE TRAFFIC COUNTS
+ I-90 Exposure
− 160,000 VPD
+ Mannheim Road Frontage
− 41,900 VPD
+ Higgins Road Access & Signage
− 21,900 VPD
MAJOR HOTEL MARKET
+ Immediately Adjacent to O’Hare International Airport
+ Over 2,000 Hotel Rooms within 0.75 Miles
+ 11,411 Rooms in O’Hare Market
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
SUBURBAN CHICAGO LOCATION
SITE
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
118,000 EMPLOYEES WITHIN 3 MILES
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
NEAR ENTERTAINMENT | HUGE TRAFFIC COUNTS
Ma
nn
heim
Roa
d
Higgins Road
INTERSTATE
90
INTERSTATE
90
INTERSTATE
294
INTERSTATE
294
160,000 VPD
Ma
nn
heim
Roa
d
41,9
00 V
PD
Higgins Road
O ’ H a r e P a r k i n g
1 2 , 7 0 0 C a r s
INTERSTATE
190
SITE
21,900 VPD
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
OVER 2,000 HOTEL ROOMS WITHIN 0.75 MILE
INTERSTATE
90
INTERSTATE
90
Mannheim
RoadM
annheim Road
Higgins Road
Touhy Ave
Mannheim
Road
SITEBRAND NAME
HOTEL
HOTEL ROOMS
Radisson Hotel 245
Extended Stay - O'Hare 122
Extended Stay - O'Hare South 88
Residence Inn 192
Hyatt Place 200
Brand Name Hotel 274
Best Western 140
Sheraton Chicago 300
Holiday Inn & Suites 300
Holiday Inn Express & Suites 150
TOTAL 2,011
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
EXCELLENT RESTAURANT OPPORTUNITY
Higgins Road
CAR WASH
Mannheim
Road
INTERSTATE
90
b1
50
R
oo
mS
41,900 VPD
S T E A KH O U S E
160,000 VPD10 isLanDs
21,900 VPD
1 13 0 2 3
2 32 92 72 7
1 21 12 1
2 2
1 2
1 9
1 0
1 7
6 Va C U U Ms TaT i O n s
1 3
LOa
Din
g
91 4
WasTe
PR
OP
OS
ED
RE
STA
UR
AN
T
N
New
(Orchard Place) Roadw
ay
SIGNAGE
OPPORTUNITY
SIGNAGE
OPPORTUNITY
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohareCBRE, Inc. | 321 N Clark | Suite 3400 | Chicago, IL 60654
SOUTHWEST RENDERING (RESTAURANT FACADE CAN BE CUSTOMIZED)
NORTHWEST RENDERING
EXAMPLE OF CUSTOMIZED FACADE FOR RESTAURANT
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare
• RESTAURANT LEASE OPPORTUNITY
• FLEXIBLE SIZE & CONFIGUATION
• HOLIDAY INN EXPRESS & SUITES UNDER
CONSTRUCTION SUMMER 2016 OPENING
SUMMER 2017
• CUSTOMIZABLE BRANDED FACADE
• OUTDOOR DINING PATIO
• BLADE SIGNAGE ON HOTEL
N
C
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The Orchards at O’HareRESTAURANT OPPORTUNITY
I-90, MANNHEIM & HIGGINSDES PLAINES, IL 60018
www.cbre.com/orchardsatohare© 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
DEMOGRAPHIC BRIEF
3067 MANNHEIM RD 1 Mile 3 Miles 5 Miles
2015 Population 7,592 87,441 325,824
2020 Population 7,740 89,940 331,607
2010 Population 7,434 84,357 319,289
2000 Population 7,284 78,462 320,783
Percent Pop Change: 2010 to 2015 2.1% 3.7% 2.1%
Percent Pop Change: 2015 to 2020 2.0% 2.9% 1.8%
2015 Median Age 39.8 41.0 41.4
2015 Average Age 39.7 40.8 41.4
2015 Households 2,871 34,283 125,727
2020 Households 2,953 35,344 128,448
2010 Households 2,777 33,012 122,634
2000 Households 2,754 30,722 123,527
Percent HH Change: 2010 to 2015 3.4% 3.9% 2.5%
Percent HH Change: 2015 to 2020 2.9% 3.1% 2.2%
Average Household Size 2.7 2.5 2.6
2015 Median Household Income $54,660 $61,113 $58,138
2015 Average Household Income $71,259 $81,160 $75,992
2015 Per Capita Income $26,949 $31,820 $29,323
2015 Housing Units 3,017 36,745 134,271
2015 Occupied Housing Units 2,871 34,283 125,727
2015 Vacant Housing Units 146 2,462 8,543
2015 Owner-Occupied Housing Units 1,791 24,855 89,525
2015 Renter-Occupied Housing Units 1,080 9,427 36,202
2015 Population Age 25 and Over 5,224 61,492 232,492
High School thru Associates 3,276 62.7% 33,248 54.1% 128,134 55.1%
Bachelor's Degree 835 16.0% 13,672 22.2% 46,887 20.2%
Graduate Degree 330 6.3% 7,554 12.3% 25,264 10.9%
Total Businesses 665 6,092 19,767
Daytime Employment (Total Employees) 13,957 118,109 295,810
©2015 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptionsor estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property todetermine to your satisfaction the suitability of the property for your needs. Source: Nielsen Page 1 ProjectID:39535
POPULAT ION
A G E
HOUSEHOLDS
INCOME
HOUS ING UN ITS
EDUCAT ION
PLACE OF WORK