Sold Subscription Required
| Price $10,500,000 | Built/Renov 1997/2022 | Tenant Green Thumb Industries |
| Cap Rate 5.45% | Lease Type
Double NN | Guarantor Corp Traded |
| Size/SF
9,017
| Lease Start
07-01-2023
| #Units
92
|
| Price/SF $1,164.47 | Expiration
06-30-2033
| Tenant Type General Retail |
| NOI $572,000 | R. Term 8.7 | Ownership Fee Simple |
| Rent/SF
$63.44
| Increases 2.0%/1/yrs | Pop 5Mi 206,802 |
| Lot/AC 1.19 | Options 2/5yrs/2% | AHHI 5Mi $120,000 |
| | |
This property is located at the intersection of Webster/Damen and the iconic Kennedy Expressway (I-94) and will be visible to over 200 million vehicles per year. The immediate proximity to the Kennedy and visibility makes this property one of the highest profiles in Chicago and will further benefit from recent approval for a 35 foot highway signage. Visibility is further supported by the...
...Recent renovation
Freeway visibility
Dense 200M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 10+ yr lease
Annual rent increases
Corporate Guarantee
Publicly traded company
Green Thumb Industries, Inc. (“Green Thumb”) is a publicly-traded Canadian corporation (OTCMKTS: GTBIF) that packages and sells cannabis consumer packaged goods. GTI is one of...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 57,026 | 587,087 | 1,229,829 |
| 2023 Total Population : | 56,560 | 579,735 | 1,220,213 |
| 2023 Employed Civilian Pop : | 38,819 | 390,691 | 737,788 |
| 2023 Total Businesses : | 2,326 | 21,165 | 54,815 |
| 2023 Average Household Income : | $ 208,459 | $ 157,091 | $ 136,445 |
| 2023 Total Consumer Spending : | $ 4519 M | $ 38935 M | $ 67479 M |
| 2023 Median Age : | 34 | 34 | 35 |
| 2023 Total Households : | 25,581 | 289,803 | 575,858 |
| 2023 Pop Age 25+: Bachelor's Degree : | 18,783 | 181,141 | 303,984 |
| 2023 Average Home Value : | $ 715,662 | $ 607,261 | $ 529,061 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Webster Ave | I- 90 | 2014 | 10,600 | 0.04 mi |
| W Webster Ave | I- 90 | 2002 | 7,300 | 0.06 mi |
| I- 90 | W Webster Ave | 2014 | 275,100 | 0.07 mi |
| I- 90 | N Damen Ave | 2018 | 9,000 | 0.09 mi |
| I- 90 | W Webster Ave | 2018 | 286,200 | 0.09 mi |
| North Elston Avenue | N Elston Ave | 2018 | 13,600 | 0.10 mi |
| Kennedy Expressway | N Damen Ave | 2019 | 247,800 | 0.12 mi |
| N Damen Ave | W Webster Ave | 2018 | 7,650 | 0.12 mi |
| N Damen Ave | I- 90 | 2010 | 12,800 | 0.13 mi |
| West Webster Avenue | N Damen Ave | 2018 | 4,100 | 0.13 mi |
Alhambra, CA
Cap Rate 5.15%
Lease NN+
R. Term 11.00 yrs
Size/SF 28,502
Lancaster, CA
Cap Rate 5.15%
Lease NN+
R. Term 14.10 yrs
Size/SF 21,702
Ceres, CA
Cap Rate 5.75%
Lease NN+
R. Term 19.10 yrs
Size/SF 21,702
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
