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Popeye’s

5222 W. Touhy Avenue, Skokie, IL, 60077
For Sale

Property Highlights

    • Out standing suburban demographics | 175,000 people within a 3-mile radius and $137,850 average household incomes with in a 1-mile radius
    • Ideal 1031 exchange opportunity | The offering is ideal for an investor seeking stable passive income from a truly management free asset.
    • Irreplaceable real estate surrounded by nation’s largest retailers including Target, Costco, Walmart, Dick’s Sporting Goods, Best Buy and more.
    • New 20-year lease. The tenant will be responsible for all repairs and maintenance during the lease term and the rental payments will be absolute net to the Landlord.
    • 38,000 vehicles per day on Touhy Avenue
    • Located in the 3rd largest metro in the United States

Property Details

  • Price: $2,380,952
  • Property Type: Retail
  • Transaction Type: For Sale
  • Cap Rate: 5.25%
  • Building Size: 2,004 SF
  • Lease Term: 20 years
  • Space Use: Retail

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income$0.00$0.00
Less Debt Service$0$0
Potential Net Cash Flow$0.00$0.00
Cash on Cash Return0.00 %0.00 %
Capitalization Rate0.00 %0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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