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| Price $3,011,917 | Built/Renov 1996 | Tenant Thorntons |
| Cap Rate 7.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
3,080
| Lease Start
12-17-2010
| #Units
215
|
| Price/SF $977.90 | Expiration
12-31-2025
| Tenant Type Convenience/Gas |
| NOI $218,364 | R. Term 1.1 | Ownership Fee Simple |
| Rent/SF
$70.90
| Increases 5.0%/1/yrs | Pop 5Mi 282,566 |
| Lot/AC 1.20 | Options 5/5yrs/5% | AHHI 5Mi $122,392 |
| | |
Thorntons is strategically located at the signalized, hard corner intersection of West Lake Street and West Bryn Mawr Avenue, with access to a high combined daily traffic count of 48,937 vehicles. The property is a short drive from O'Hare International Airport, one of the world’s busiest airports. Additionally, it is surrounded by prominent national tenants, such as Dunkin', Verizon, Denny's,...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Highway location
Top 100 MSA
Strong demographics
Absolute NNN
Accelerated depreciation
Traded and rated company
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...
Elkhart, IN
Cap Rate 7.50%
Lease Abs NNN
R. Term 7.80 yrs
Size/SF 6,401
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
