3450 West Touhy Avenue

3450-3464 W Touhy Ave, Skokie, IL, 60076-6217, US

Deal room

Résumé

3450 West Touhy Avenue_Propriétés en vente

Galerie

3450 West Touhy Avenue 2_Propriétés en vente

Description de l'actif

Jones Lang LaSalle (“JLL”) has been exclusively retained to offer the opportunity to acquire 3450 West Touhy Avenue (the “Property” or the “Offering”), a 100% occupied, 123,519 square foot, flex Retail & Industrial property in Skokie, Illinois. This offering provides investors the opportunity to acquire a diversified income stream comprised of 2 industrial tenants and 1 high-performing retail tenant at an attractive basis that is well below replacement cost.

Caractéristiques

Building area gross

11 475 m²

Occupation

100,00 %

Année de construction

1976

Land area Gross

0,03 km² (26 871 m²)

NOI

855 000 €

Informations Clés

Income Percentage By Tenant

XSport Fitness - 85%
Skokie Cash & Carry - 5%
Howard Packaging - 10%

Great Visibility and Access

The property is strategically located on West Touhy Avenue with a traffic count of 30,000 vehicles per day
5 ingress/egress points around the center
Pylon Signage at the corner entrance of XSport Fitness

Opportunity To Acquire Cash Flowing Asset At An Attractive Basis Well Below Replacement Cost

Asset Includes Rare 84 Space Covered Parking Garage With 30 FT Clear Heights

Established Retail Anchor Tenant

#1 Most Trafficked Fitness Center in a 5-Mile Radius
#2 Most Trafficked XSport Fitness in the U.S.
866K Visitors in the last 12 Months

Infill Location With Strong Surrounding Demographics (3-Mile Radius)

Population: 320,378
Households: 125,422
Average Household Income: $109,589
Buying Power: $13.7 Billion

Mark To Market Opportunity

Near-Term expiration of Skokie Cash & Carry and Howard Packaging provides investors the ability to convert to one industrial unit and mark to market rental rates