Thorntons Ground Lease

Mundelein
,
IL
Illinois
Chicago

Call for Details

$

2,336,000

Call for Details
5.35
%
CAP Rate

Chicagoland MSA

3rd Largest MSA in the U.S. with Population of 9.5M & Gross Regional Product of $833B

111,158

Total Daytime Population within 5 Miles

~1 Mile

from Innovation Office Park - 1.2M SF Office Park

Property details
  1. New 20-Year Absolute NNN Corporate Ground Lease to Thorntons
    • Scheduled 10% Rental Escalations Throughout Primary Term
    • No Landlord Maintenance Responsibilities
  2. Established Gas Station & Convenience Store Operator with 200+ Locations Across 6 States
    • Wholly-Owned Subsidiary of BP (NYSE:BP)
  3. Neighbors Innovation Office Park
    • 1.2 Million Square Foot Office Park
    • Tenants Include Intermatic, Brighstar U.S., Valient Biosciences, Medline Industries & More
  4. 2 Miles from University of St. Mary of the Lake
    • Largest Catholic Seminary in the U.S.
  5. Average Household Income of $171,980 within 5 Miles of Site
  6. Approximately 40 Miles from Downtown Chicago
    • Chicago MSA is Corporate Headquarters of 31 Fortune 500 Companies
  7. Chicagoland MSA Location
    • Population of 9.5 Million and Gross Regional Product of $833 Billion
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
IL RE Lic #471020418
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
4,400
SF
Lot Size
1.43
AC
View Offering Memorandum
View Offering Memorandum
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Scott Reid
ParaSell, Inc.
IL RE Lic #471020418