Mattress Firm

2 East Rand Road, Mount Prospect, IL
Deal Type:
Net Lease
Ownership Type:
Fee Simple
Price:
$2,582,493
Cap Rate:
7.50%
Current Rent:
$193,687
Lease Type:
DoubleNet
Lease Term:
10 years
Lease Expiration Date:
Approx. 8 years
Renewal Options:
Two, Five year options
Building Sq. Ft.:
4,121
Rent Increases:
10% Increases every 5 years
Site Size:
0.52 acres
  • Mattress Firm Mt. Prospect STREAM Capital Partners
  • mattress firm stream capital partners

Investment Highlights

  • Located in a high-income suburb of Chicago
  • Mattress Firm is consolidating two stores into this store (best location)
  • 10% Rent increases every 5 years
  • Average household income in excess of $106,000

Listing Agents

Ryan Smeele

CFO / Director of Underwriting
847 651 7500
Ryan@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

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