Only 2.5 Miles from the Chicago Bears Proposed $5 Billion Stadium Campus
– The Bears purchased the 326-acre Arlington Park property in Arlington Heights in September 2021.
– The team envisions a domed stadium surrounded by a mixed-use development including restaurants, retail, and residential areas.
– The Chicago Bears say the project is expected to create thousands of jobs and generate billions in economic impact for the region.
Outparcel to Mariano’s (863,000+ Annual Visitors) and Walgreens (322,000+ Annual Visitors)
– Mariano’s and Walgreens act as anchor tenants, consistently attracting a large volume of customers on a daily and weekly basis. Outparcels directly benefit from this consistent customer flow, gaining exposure to a diverse range of potential customers who may not have otherwise visited.
– The subject property is strategically located along highly trafficked Northwest Highway, making it highly visible and easily accessible to passing traffic and those entering the center. This prime positioning attracts the attention of passersby and allows for convenient stops without requiring customers to navigate the larger shopping center interior.
Over $1.3 Billion Spent on Household Goods and Petcare in 5-Miles
– Households frequently spend money on cleaning supplies, laundry detergents, and other products associated with maintaining a clean home and clothing. This spending on household goods presents a significant market opportunity for dry cleaning businesses by offering professional cleaning services for garments and other household items like bedding, curtains, and even upholstery.
– Growth in pet ownership and pet care spending, particularly among younger generations who view pets as family members, translates to a larger client base and increased demand for services. In fact, spending on veterinary services in the U.S. reached over $36 billion in 2023.
Chicago MSA with over 305,000+ People in 5-Miles
– The Chicago metropolitan area is officially known as the Chicago–Naperville–Elgin, IL–IN–WI Metropolitan Statistical Area. It encompasses several counties in Illinois, Indiana, and Wisconsin, with Cook County (where Arlington Heights is located) being the core county.
– The MSA is the third largest by population in the United States, with an estimated population of approximately 9,400,000.
– Arlington Heights is a northwestern suburb of Chicago, located about 25 miles northwest of downtown Chicago.
