2301-2315 N Clark St
Chicago, IL 60614
Belden Centre · Multifamily Property For Sale · 61 Units

“CBRE’s National Retail Partners” are pleased to present to qualified investors the opportunity to acquire a 100% fee interest in Belden Centre, a 52,806 square foot retail center located at the epicenter of Lincoln Park, one of Chicago’s most historic and affluent north side neighborhoods. The Property is anchored by the largest global network of Montesorri schools, Guidepost Montesorri. The tenant has lease term thru August 2035 with attractive 3% annual rental bumps. Belden Centre is well positioned in the heart of one of Chicago’s most affluent residential communities, Lincoln Park. Within a 3-mile radius of the property, there are 463,620 permanent residents with an average annual household income of $175,736. Located at the southeast corner of the Belden/Clark intersection is the prestigious Francis Parker Middle School. The high-income families enrolled at this school provide a built-in customer base and student body for the shopping center and the educational tenants. The main entrance of the Lincoln Park Zoo is located one block east of the subject Property bringing millions of tourists to the nearby area annually. Belden Centre is an urban, in-fill retail investment opportunity that offers stable in-place cash flow via long term existing leases and upside through the 17,073 SF (32%) of existing vacancy.