Thorntons Ground Lease

Wheaton
,
IL
Illinois
Chicago

Call for Details

$

3,007,000

Call for Details
5.35
%
CAP Rate
FILE PHOTO

Signalized Hard Corner - 43,000 AADT

Prominent Retail Location at Intersection of Geneva Rd and Gary Rd

‍

~24 Miles

fromDowntown Chicago

240,319

Population within 5 Miles

Property details
  1. New 20-Year Absolute NNN Corporate Ground Lease to Thorntons
    • Scheduled 10% Rental Escalations Throughout Primary Term
    • No Landlord Maintenance Obligations
  2. Established Gas Station & Convenience Store Operator with 200+ Locations Across 6 States
    • Wholly-Owned Subsidiary of BP (NYSE:BP)
  3. Robust Demographics in Surrounding Area
    • Population of 240,319 within 5 Mile Radius
    • Average Household Income of $182,091 within 1 Mile of Site
  4. Prominent Retail Location Neighboring Retail Tenants & Shopping Centers
  5. Approximately 25 Miles from Downton Chicago
    • Chicago MSA is Corporate Headquarters of 31 Fortune 500 Companies
  6. Chicagoland MSA Location
    • Population of 9.5 Million
    • 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
1.6
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