Lewis Floor and Home

1840 Skokie Boulevard, Northbrook, IL
Deal Type:
Sale Leaseback
Price:
$8,057,546
Cap Rate:
7.50%
Current Rent:
$604,316
Lease Type:
Triple Net
Lease Term:
10 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year or Two, 10-year
Building Sq. Ft.:
56,531
Rent Increases:
1.50% - 2.00% per year
Site Size:
3.04 AC
  • lewis floor and home stream capital partners
  • lewis floor and home stream capital partners
  • lewis floor and home stream capital partners

Investment Highlights

  • Please Request Due Diligence Access by Approving of the NDA Below to Receive the Offering Memorandum
  • Absolute NNN | No Landlord Responsibilities
  • 10-Year Lease Term With Annual Rent Increases
  • Located adjacent to Interstate 94 with excellent visibility to over 125,000 vehicles per day on I-94
  • Tremendous new developments near the Subject Property Including $40 million Lifetime Fitness Facility, $140 Million Mariano‚Äôs-Anchored Shopping Center with 347 Apartments, and Brand New 304-Unit Luxury Apartments
  • Average Household Incomes in Excess of $237,000 Within One Mile of Property and $248,000 within Three Miles of Property

Listing Agents

Ryan Smeele

CFO / Director of Underwriting
847 651 7500
Ryan@stream-cp.com
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798
Jonathan@stream-cp.com
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Due Diligence

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