Lucky's Market - Tallahassee, FL
US - Tallahassee, FL
€11,106,000 | 5,079 m²
Asset Description
Address: 3920-3950 West Devon Ave, Lincolnwood, IL
NOI: $592,112
GLA: 26,192
Land Acres: +/- 1.81
Parking Spaces: 87
Year Built: 2003
RET Parcel Numbers: 10-25-327-015 & 10-35-237-005
...
Attributes
Building area Net
2,369 m²
Occupancy
1.00%
Year built
2003
Land area net
0.73 ha (7,325 m²)
NOI
€560,000
Media
Investment Highlights
Value-Add Opportunity
- 2,900 SF Existing Vacant Suite Allows For Immediate Cash Flow Upside Through Leasing
- Ability to Convert Two Gross Leases (12% of GLA) To NNN Upon Expiration
Recent Leasing Momentum
- Dunkin': Recent Extended Term Through 2033
- CVS: Recently Accepted Contractual Renewal Option Extending Term Through 2027
Dense & Affluent Submarket of Chicago with Average HHI of $101,776 and 879,871 People in a 5-Mile Radius
CVS Anchored (Moody's Long Term Credit Rating: BAA2)
- Recently Accepted 5-Year Contractual Renewal Option at 10% Increase in Base Rent
Contact brokers
3950 West Devon Avenue (0 Properties)
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Last updated
22 Jun 2023
