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| Price $7,775,000 | Built/Renov 2023 | Tenant Thorntons (GL) |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,938
| Lease Start
06-01-2023
| #Units
215
|
| Price/SF $1,309.36 | Expiration
05-31-2043
| Tenant Type Convenience/Gas |
| NOI $350,000 | R. Term 18.5 | Ownership Ground Lease |
| Rent/SF
$58.94
| Increases 10.0%/5/yrs | Pop 5Mi 206,186 |
| Lot/AC 5.18 | Options 6/5yrs/10% | AHHI 5Mi $160,540 |
| | |
This newly constructed Thortons is located along North Rand Road (US Highway 12) with access to over 49,700 vehicles per day. The site comprises a 5,900+ SF convenience store with drive-thru and 15 fuel pumps on a 5.18-acre lot. The subject property is less than a mile from a major retail corridor which includes the Deer Park Town Center, The Shops at Kildeer, Kildeer Village Square, The...
...New construction
Highway location
Dense 200M+ pop 5 mi
Affluent AHHI $100K 5 Mi
Brand new lease
Long 15+ yr lease
Absolute NNN
Traded and rated company
Corporate Guarantee
Investment grade tenant
Thorntons, LLC (dba Thornton’s) is a leading independent chain of gas stations and convenience stores operating across multiple southern and midwestern states. Their locations typically feature...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,761 | 72,396 | 203,348 |
| 2023 Total Population : | 4,879 | 74,006 | 207,288 |
| 2023 Employed Civilian Pop : | 2,648 | 42,502 | 117,096 |
| 2023 Total Businesses : | 316 | 2,251 | 7,160 |
| 2023 Average Household Income : | $ 149,482 | $ 139,923 | $ 156,891 |
| 2023 Total Consumer Spending : | $ 258 M | $ 3435 M | $ 10535 M |
| 2023 Median Age : | 38 | 39 | 43 |
| 2023 Total Households : | 2,047 | 28,867 | 79,774 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,247 | 16,314 | 51,829 |
| 2023 Average Home Value : | $ 512,357 | $ 399,691 | $ 417,759 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Rand Rd | N Plum Grove Rd | 2013 | 47,300 | 0.10 mi |
| Lake Cook Rd | Plum Grove Rd | 2014 | 20,200 | 0.24 mi |
| US 12 | 2021 | 41,600 | 0.29 mi | |
| Lake Cook Rd | Rand Rd | 2010 | 36,600 | 0.29 mi |
| Rand Rd | Lake Cook Rd | 2014 | 30,600 | 0.47 mi |
| Lake Cook Rd | State Hwy53 | 2018 | 43,600 | 0.48 mi |
| Long Grove Rd | Long Grove Rd (Cty A49) | 2011 | 3,750 | 0.64 mi |
| Long Grove Rd | Cty A49 | 2007 | 4,500 | 0.66 mi |
| N Hicks Rd | E Fawn Ln | 2013 | 16,000 | 0.71 mi |
| IL 53 | Lake Cook Rd | 2021 | 18,700 | 0.84 mi |
Glenarden, MD
Cap Rate 4.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 4,000
Franklin, NH
Cap Rate 5.35%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 4,350
Sacramento, CA
Cap Rate 4.75%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 3,000
Littleton, CO
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 5,790
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
