Roosevelt Road Shopping Center 201-275 W Roosevelt Rd 125,836 SF 100% Leased Retail Building Lombard, IL 60148 For Sale

This 100% occupied neighborhood center is anchored by ALDI, Harbor Freight, and Hobby Lobby, with a strong weighted average lease term (WALT) of 8.33 years. ALDI has over 13 years remaining on a 15-year lease, and Hobby Lobby furthered its commitment by extending early for an additional 10 years, bringing its firm term to 13 years. The center features two outparcels, Starbucks and Roadhouse 38; Starbucks was recently rebuilt into a full-service format after 26 years at the site. Fruitful Yield shares that same 26-year tenure, while Hobby Lobby and Harbor Freight have each operated at the center for over 17 years—demonstrating strong, long-term tenant commitment.
The center draws over 1.1 million annual visitors and fills a critical retail gap, with no competing Hobby Lobby or Harbor Freight locations within 10–18 miles. It is situated on Roosevelt Road/Route 38, with 34,300 vehicles passing per day, and is located just one mile from I-355. Located in affluent DuPage County, the property is surrounded by a dense and growing population—273,715 residents within a five-mile radius, with an average household income of $134,427. Additionally, 145,895 people work within three miles, and the one-mile population is projected to grow by 4.35% by 2028.