Mariano's Fresh Market

Bronzeville Neighborhood | Chicago, IL

Property Status
Property Type Retail
Property Use Grocery Store
Lease Type NNN
Remaining Term 20 yrs
Building Size +/- 74,817 SF

Rarely Available, Urban Infill Chicago Location & High Barrier-to-Entry Market 

4 miles from Downtown Chicago Loop; Population of nearly 700k within 5 miles

Surrounding Landmarks

Major attractions nearby include the University of Chicago, Illinois Institute of Technology, McCormick Place, 31st Street Harbor, U.S. Cellular Field, Soldier Field & the Future Obama Presidential Center

Optimal Lease Structure & Rental Increases

20-year base term with 4, 5-year option periods.  Rental increases every 5 years

Market Dominate Grocer

Mariano’s is the newest upscale growth banner of Roundy’s Supermarkets, Inc. and one of Chicago’s most dominate grocers with 34 locations open and numerous others under construction

Merger with The Kroger Company

On December 18th, 2015 The Kroger Co. (NYSE: KR) and Roundy’s Supermarkets, Inc. (NYSE: RNDY) announced the successful merger of the two companies.  Combined Kroger and Roundy’s will operate 2,774 supermarkets and employ over 422,000 associates across 35 states and the District of Columbia. Kroger, one of the world’s largest retailers, has completed over $108 billion in Revenue the trailing 12 months and is currently rated BBB/Stable by Standard & Poor’s

Excellent Access & Transportation

Property near multiple nodes of transportation, including Lake Shore Drive, Interstate 90/94, CTA Green & Red Line routes, Metra Rock Island & Electric District routes


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Location Overview

The Property enjoys a premier location in the Bronzeville Neighborhood of Chicago, IL within close proximity to some of the nation’s most active, most aggressive and largest construction ventures.  A few blocks north is McCormick Place, which is not only the largest convention center in the country, but also the epicenter of the $400 million McCormick Place Entertainment District development.  This project, expected to be complete by Spring 2017, will see the addition of a nearly 1,500 hotel rooms, 250 residential units, a six-story data center, nearly 50,000 square feet of retail and office space and a 10,000-seat event center.  This is in addition to continued explosive growth within Chicago’s South Loop, new development surrounding Hyde Park and the University of Chicago and the construction of new cultural institutions such as the Lucas Museum of Narrative Art and the Barack Obama Presidential Center, all of which are located within roughly a 3.5 mile radius of the Property. 

Location Overview

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Non-Disclosure Agreement

Stan Johnson Company (“SJC” or “Broker”) will disclose to _____________________________ (“Principal”) certain financial and property information concerning a certain located at 699 Canal Street, Stamford, Connecticut  (“Property”).

The prospective purchaser (“Principal”) has expressed an interest in evaluating the Property as an investment and Principal represents that it has the experience and financial capability to undertake an investment of this magnitude.  Pursuant thereto, Broker has been asked to furnish Principal information concerning the Property.

It is understood that your organization (the “Company”) is interested in acquiring certain real property and improvements located at NEC of E. Pershing Road & S. Martin Luther King Drive, Chicago (Bronzeville), Illinois and commonly known as Mariano’s (the “Property”), which Property is owned by PERSHING KING DRIVE LLC (the “Owner”).

To assist in your evaluation of a potential acquisition of the Property, we have provided or will provide you with certain oral and written information concerning the Property.

As a strict condition to providing you with such information, the Company hereby agrees to treat confidentially such information and any other information (collectively, “Confidential Information”) which Owner and/or its affiliates, partners, lenders, employees, accountants, agents, attorneys, or advisors (collectively, “Representatives”) furnishes to the Company or the Company’s Representatives.
The term Confidential Information shall also include any analysis, studies, reviews, compilations, or other documents prepared by the Company or the Company’s Representatives containing or based in whole, or in part, on any of the Confidential Information.
By executing this Confidentiality Agreement (this “Agreement”), the Company acknowledges and agrees that the Confidential Information is a valuable asset of Owner, has significant value, and shall be held in the strictest of confidence.

Further, the Company agrees that the Confidential Information will be kept confidential by the Company and the Company’s Representatives and shall not (except as hereinafter provided), without the prior written consent of Owner, be (i) disclosed by the Company or the Company’s Representatives or (ii) used for any purpose other than evaluating the Property for acquisition.

Additionally, the Company agrees to share Confidential Information only to those of the Company’s Representatives who need the information for the purpose of evaluating the Property for acquisition and who shall be advised of and agree to be bound by the terms and provisions of this Agreement.

The Company shall be fully responsible for any breach of this Agreement by any of the Company’s Representatives.
Furthermore, this is neither an agreement to sell the Property nor an offer of sale of the Property, and no such agreement shall binding upon Owner, or any of its associated or affiliated companies, shall be deemed to exist, at law or equity, until Owner enters into a formal binding agreement of sale.

The term Confidential Information does not include information which (i) is public information other than as a result of disclosure by the Company or the Company’s Representatives in breach of an obligation of confidentiality to Owner, (ii) was available to the Company on a non-confidential basis prior to its disclosure to the Company by Owner or Owner’s Representatives or (iii) becomes available to the Company on a non-confidential basis from a source other than Owner or Owner’s Representatives; provided, however, that such source is not bound by a confidentiality agreement with or obligation to Owner.

Furthermore, by executing this Agreement the Company agrees and acknowledges that:


  • the Company and the Company’s Representatives will not communicate, directly or indirectly, with any (i) tenant, licensee or other occupant of 
  • the Property, (ii) any existing lender of Owner respecting the Property, or (iii) any governmental or quasi-governmental bodies concerning the Property without, in each of the foregoing instances, the prior written consent of Owner;
  • the unauthorized release of any or all of the Confidential Information would cause immediate and irreparable harm to Owner that could not be repaired and for which Owner could not be fully compensated by money damages;
  • Owner may obtain injunctive relief to prevent or limit such unauthorized disclosure, and may also pursue any other remedies available under law or equity in result of an alleged or reasonably anticipated breach of this Agreement;
  • the Company agrees to pay any damages incurred by Owner as a result of the Company’s or any of the Company’s Representative’s breach of this Agreement, including, but not limited to, court costs, reasonable attorneys’ fees and indirect and/or consequential damages;
  • within a reasonable period of time following termination of this Agreement (and assuming that a potential business arrangement is not consummated), the Company shall redeliver to Owner or destroy, if requested by Owner, all written Confidential Information (including all copies thereof) and any other written material containing or reflecting any information in the Confidential Information (regardless of who prepared such information) and will not retain any copies, extracts or other reproductions in whole or in part of such written material; all documents, memoranda, notes and other writings whatsoever prepared by the Company or the Company’s Representatives (or persons to whom they disclosed Confidential Information) based on or including any of the information in the Confidential Information shall be destroyed (for this purpose, a "writing" includes data in computer format and any other medium which can be used to replicate data);

Confidentiality Agreement – Mariano’s – Chicago (Bronzeville), IL Please kindly return VIA EMAIL or FACSIMILE To:
Brandon Duff, or eFax: +1 312 276.4515


  • Owner has retained Stan Johnson Company (the “Agent”), under separate agreement, as its exclusive agent with respect to the offering for sale of the Property;
  • Owner expressly reserves 
  • the right in its sole discretion to reject any or all proposals or expressions of interest in the Property and to terminate discussions with any party at any time with or without notice;
  • this Agreement shall be governed and construed in accordance with the laws of the State of Illinois, and 
  • may not be changed, waived or terminated except by a written instrument executed by both parties hereto;
  • this Agreement shall be binding upon the parties and their respective successors or assigns; and
  • although Confidential Information is gathered from sources believed to be reliable neither Owner nor Agent makes any representation or warranty, expressed or implied, as to the accuracy or completeness and no legal liability is assumed or implied.

This Agreement shall continue for a period of two (2) years.

By submitting this form, you are agreeing to the listed terms and conditions.

Brandon Duff
Regional Director

Lic. #IL: 475139166

Isaiah Harf
Associate Director

Lic #IL: 475140367

Brad Feller
Senior Director

Lic. #IL: 471007951 


Stan Johnson Company

303 E. Wacker Drive Suite 1111
Chicago, IL 60601
Ph: +1 312-240-0127

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