2928 North Ashland Ave Chicago, IL 60657

CBRE is pleased to present the opportunity to acquire a brand-new 10-year net lease investment with corporate guaranty from Savers Value Village, Inc. (NYSE: SVV / S&P: B+ / Rev: $1.68B) at 2928 North Ashland Avenue in Chicago, Illinois. Set to open on June 18, 2026, Savers' net lease will feature 10 years of primary term with a 10% rent increase in July 2031 and in each of the two, 5-year renewal options. This property is strategically located within Ashland Wellington Plaza, a premier shopping center anchored by a top-performing Jewel-Osco. The property is situated at the nexus of the Lakeview, Lincoln Park, and Roscoe Village neighborhoods along Ashland Avenue (28,500 VPD) less than four miles northwest of Chicago's center. Boasting a Walk Score of 91/100, this "Walker's Paradise" ensures a consistent stream of pedestrian traffic from the surrounding high-density residential neighborhoods. The property benefits from a brand-new roof with a 20-year roof warranty, valid through 2046. This is one of the few retail centers in Lakeview offering ample surface-level parking (via easement), a critical amenity in a neighborhood where street parking is notoriously difficult. Savers benefits from affluent demographics with a population of 544,773 and an average household income of $160,539 within a 3-mile radius.