Lincolnshire Commons Location Maps

Lincolnshire, Illinois

:: MARKET OVERVIEW

Lincolnshire Commons
Lincolnshire, Illinois
Statistics
Location: 930 Milwaukee Avenue NWC Milwaukee & Aptakisic Lincolnshire, Illinois Lifestyle center

:: INVESTMENT PROPERTY

MAJOR SURROUNDING CORPORATE EMPLOYERS ACCO Brands Allstate American Hotel Register Baxter Healthcare CVS/Caremark CDW Discover Card Hewitt Associates HSBC Takeda W.W. Grainger Walgreens

Type:

GLA:

122,727 square feet

Occupancy:

95.8%

Restaurants:

The Cheesecake Factory, Kona Grill, Flemings Steakhouse, Cosi, Go Roma Barnes & Noble, DSW

Anchor Retailers:

Lincolnshire Commons is located at the intersection of Milwaukee Avenue (State Highway 21) and Aptakisic Road in Lincolnshire, Lake County, Illinois. Milwaukee Road is the major commercial thoroughfare through Lincolnshire, with the majority of retail development within the village borders located along this road. Milwaukee Avenue is also known as suburban Chicagos Restaurant Row, from Bob Chinns in Wheeling to the south, to Claim Jumpers and the new Rick Tramonto restaurants of the Westin North Shore at Lake Cook Road, and Chicago originals Big Bowl, Wildfire, and Walker Brothers to the north, surrounding the subject property. Lincolnshire is home to numerous corporations, including Hewitt Associates, Sauer-Danfoss, ACCO Brands, and many more. With nearly 5 million square feet of office and industrial space within village boundaries, Lincolnshire has a daytime population of approximately 26,200. The largest business development in the village, Lincolnshire Business and Corporate Center, is adjacent to Lincolnshire Commons and provides a steady stream of workday traffic. Lincolnshire Commons serves one of the most desirable demographic trade areas in the country, with over 180,000 people residing within five miles and earning an average household income in excess of $125,000. Lake County is home to some of the most affluent communities in the Chicago MSA. The countys average household income is 43% higher than the state average, and 60% higher than the national average. The county is home to more than 700,000 residents, 28,000 businesses, and dozens of Fortune 500 companies including Walgreens, Hewitt Associates, and Abbot Laboratories. : : George E. Good Executive Vice President 630.573.7010 george.good@cbre.com : : Robert J. Mahoney Executive Vice President 630.573.7011 robert.mahoney@cbre.com : : Christian E. Williams Associate 630.573.7075 christian.williams@cbre.com

Lifestyle Retailers: Talbots, Chicos, White House | Black Market, Aveda, Jos. A. Banks, Bath & Body Works Parking: 820 spaces 6.68 : 1,000 sf ratio 2005

CB Richard Ellis is pleased to offer qualified investors the opportunity to acquire a 100% fee interest in Lincolnshire Commons, a 122,727-square-foot retail center in Lincolnshire, Illinois. Lincolnshire Commons is a trophy-quality retail and dining complex in the affluent North Shore suburbs of Chicago. It is anchored by some of the nations hottest restaurant chains including The Cheesecake Factory, Flemings Steakhouse, and Kona Grill. It features two strong big box draws in Barnes & Noble and DSW, as well as key lifestyle retailers like Talbots, Chicos, White House | Black Market, and Aveda. The center was developed in phases beginning in 2005 with The Cheesecake Factory, and is currently 95.8% occupied. Lincolnshire Commons is located at the northern and most affluent end of suburban Chicagos Restaurant Row, a section of Milwaukee Avenue running from Wheeling on the south with Bob Chinns, to Claim Jumpers and the new Rick Tramonto restaurants of the Westin North Shore at Lake Cook Road, and further north to Chicago originals like Big Bowl, Wildfire, and Walker Brothers surrounding the subject property. The Cheesecake Factory and Flemings both enjoy occupancy costs of approximately 5% of sales, illustrating their health and success as well as the potential for future rent growth. Lincolnshire Commons serves one of the most desirable demographic trade areas in the country, with over 180,000 people within a five-mile radius with an average household income in excess of $125,000. The center also serves the huge daytime worker population from the 22.2 million square feet of surrounding office buildings. The offering includes the ability to add value through the future development of a final building pad adjacent to Kona Grill. The center has no short-term scheduled rollover. The center is being offered with attractive assumable financing in place. If you are interested in receiving a full Offering Memorandum on this opportunity, please execute and return the attached Confidentiality Agreement or visit the property website: www.cbre.com/lincolnshirecommons

Year Built:

Traffic Counts:

Milwaukee: 39,600 ADT Aptakisic: 22,900 ADT

Market Demographics
3 Miles 2008 Population 2008 Households Avg. HH Income 59,142 20,054 $137,046 5 Miles 180,036 64,773 $125,710

2008 CB Richard Ellis, Inc. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. CB, CB RICHARD ELLIS and the CB RICHARD ELLIS logo are service marks of CB Richard Ellis, 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.

Capital Markets | National Retail Investment Group

Capital Markets | National Retail Investment Group

Lincolnshire Commons Site Plan

Lincolnshire, Illinois
Unit # B103 B102 B101 970F 970E 970D 970C 970B A101 Lot D OL2
Lot B 6,850 SF

:: SITE PLAN

Lincolnshire Commons
Lincolnshire, Illinois

:: AERIAL VIEW

Tenant Name DSW Chicos White House | Black Market LensCrafters Available Talbots Ritual Aveda Salon Bath & Body Works Jos. A.. Banks Flemings Steakhouse Fifth Third Bank

GLA (SF) 14,404 4,480 3,426 2,340 3,670 6,228 2,487 3,210 4,323 8,500 4,130

Unit # Lot B Lot A 920 910B 101I OL1-5 OL1-4 900C 900B OL1-1

Tenant Name Kona Grill The Cheesecake Factory Barnes & Noble AT&T Cosi Go Roma Italian Kitchen Cold Stone Creamery Relax the Back Available Noodles & Company TOTAL GLA:

GLA (SF) 6,850 10,231 32,000 1,732 2,997 3,472 1,479 2,776 1,539 2,453 122,727
isic R Aptak oad (2 2,900 )

UNDEVELOPED OUTPARCEL

Fifth Third Bank Flemings Kona Grill

OL2 - 4,1

30 SF

Lot D 8,500 SF

Lot A 10,231 SF

Cheesecake Factory
3 SF - 2,45 OL1-1 ABLE AVAIL 539 SF - 1, 900B 6 SF - 2,77 900C OL1-4

OL1-5

101-

- 1,47

A101 970B 970C -

910B

4,323 SF

- 3,47

I - 2, 997

9 SF

- 1,73

2 SF

3,210 SF 2,487 SF

SF

2 SF

Milw

auk

ee A ven

ue

(39

,60

970D

8 SF - 6,22 ABLE

0)

970E

AVAIL 0 SF - 3,67 970F - 2,34 0 SF

rcel Outpa SF 00 32,0

B101

- 3,42

6 SF

B102

- 4,48

0 SF

B103 SF 04 14,4

The Cheesecake Factory is one of the hottest concepts in upscale-casual dining today. The chain operates only five restaurants in the State of Illinois, all in the Chicago metropolitan area. With sales in excess of $725 PSF the , restaurant serves as a huge customer draw for Lincolnshire Commons.

The center features key lifestyle retailers including Talbots, Chicos, White House | Black Market, and Aveda. These tenants benefit from the affluent nature of the trade area which has average household incomes in excess of $125,000.

Lincolnshire Commons features very desirable aesthetics featuring waterfront dining, extensive landscaping, and timeless, classic architecture, creating an inviting atmosphere for customers.

Lincolnshire Commons is adjacent to a high-volume 20-screen plus IMAX Regal Cinema, drawing additional customer traffic in the evenings and on weekends to the centers seven restaurants.