Net Lease N Illinois Multi-Tenant retail property trades in South Holland for $3.2 million Marcus & Millichap brokered the sale of a Family Dollar-anchored center, a 36,389-square foot retail property located in South Holland, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $3,249,669.
Net Lease N Illinois Interra Realty brokers $3.7M sale of Firestone Complete Auto Care in Skokie Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the sale of a Firestone Complete Auto Care at 8801 Skokie Boulevard in Skokie, Illinois, for $3.7 million through a 1031 exchange.
Net Lease N Illinois JLL completes sale of Starbucks retail location near Chicago JLL Capital Markets has closed the $1.7 million sale of a 2,100-square-foot, newly constructed, single-tenant retail building net-leased to Starbucks in the Chicago-area community of Hammond, Indiana. JLL marketed the property on behalf of the seller, Luke Land, LLC. A private 1031 buyer out of Maryland purchased the property.
Net Lease N Illinois Hanover Park asset sells to out-of-state buyer for $2.9 million A triple-net-leased Harbor Freight Tools and AutoZone property at 1557-1559 Irving Park Road in Hanover Park, Illinois sold to a California buyer seeking a stabilized property. Al Lindeman and Tim Franz of SVN Chicago Commercial were the sole brokers involved in the transaction. The asset sold for $2,900,000.
Net Lease i Ohio Marcus & Millichap closes $3.3 million net-lease sale in Ohio Marcus & Millichap closed the sale of Tractor Supply, a 19,097-square-foot net-leased property in Sunbury, Ohio. The asset sold for more than $3.3 million.
Net Lease N Illinois Marcus & Millichap brokers sale of net-leased Jason's Deli property in Schaumburg Marcus & Millichap arranged the sale of Jason’s Deli, a 5,145-square foot, net-leased property located in Schaumburg, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $2,742,500.
Net Lease N Illinois Flagship Lou Malnati’s restaurant near Chicago sold for $6.4 million JLL Capital Markets closed the $6.4 million sale of an 8,059-square-foot, single-tenant building triple-net-leased to Lou Malnati’s Pizzeria in the Chicago-area community of Oakbrook Terrace, Illinois. JLL marketed the property on behalf of the seller, Vequity, and procured the Chicago-based buyer.
Net Lease N Illinois JLL closes $7M sale of TCF National Bank building in Chicago JLL Capital Markets announced has closed the $7 million sale of a 7,902-square-foot, single-tenant building, triple-net-ground leased to TCF National Bank in Chicago’s Lincoln Park neighborhood. JLL marketed the property on behalf of the seller and procured the Chicago-based buyer, which purchased the asset in a 1031 exchange.
Net Lease N Illinois 6th Annual Net Lease Summit Join RE Journals/Midwest Real Estate News on July 23 for the 6th Annual Net Lease Summit.
Net Lease O Indiana Marcus & Millichap closes McDonald's sale in Indianapolis A private real estate company, Vista Real Properties, Inc., based out of California, paid $1,695 million for the ground underneath a McDonald’s at 5617 Michigan Road in Indianapolis.
Net Lease N Illinois California buyer snaps up two-tenant Palatine retail property for $3.1 million Hanley Investment Group Real Estate Advisors and Greenstone Partners brokered the sale of a new-construction, two-tenant, retail pad building occupied by an Aspen Dental-branded practice and T-Mobile in Chicago’s desirable northwestern suburb of Palatine, Illinois. The sale price was $3,130,000.
Net Lease i Ohio Quantum Real Estate Advisors sells medical building in Akron Quantum Real Estate Advisors brokered the sale of a single-tenant medical office building at 999 N. Main St. in Akron, Ohio. The property sold for $970,000.
Net Lease N Illinois Net-leased medical properties see cap rate reversal How has the medtail phenomenon progressed in 2019? Single-tenant, net-leased medical properties saw a reversal of year-over-year cap rate movement.
Net Lease i Ohio Cooper Commercial sells auto parts store in Ohio The Cooper Commercial Investment Group closed the sale of a single-tenant O’Reilly Auto Parts in Kenton, Ohio.
Net Lease N Illinois Marcus & Millichap arranges sale of 4,000-SF net-leased property Marcus & Millichap closed the sale of a 4,000-square foot, net-leased Signature Bank located in Chicago, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold for $2,400,000.
Net Lease N Illinois The Boulder Group arranges sale of net-leased Fresenius property The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single-tenant, net-leased Fresenius Medical Care property located at 1920 Sheridan Road in Zion, Illinois for $3,453,692.
Net Lease N Illinois Property with high-end furniture tenant sells in Chicago JLL closed the sale of a 9,794-square-foot, single-tenant retail property that is triple net leased to Walter E. Smithe, a family-owned and -operated local furniture business with four generations of experience. JLL marketed the property on behalf of the seller, a Chicago-based private partnership, and procured the buyer, a California-based family office, which purchased the asset in a 1031 exchange.
Net Lease L Iowa Marcus & Millichap sells Dunkin' Donuts in Des Moines Marcus & Millichap closed the sale of 2,168-square-foot net-leased Dunkin’ Donuts at 3611 SE 14th St in Des Moines, Iowa.
Net Lease N Illinois Marcus & Millichap arranges sale of net-leased property in Elk Grove Village Marcus & Millichap closed the sale of a Taco Bell ground lease, a 2,094-square foot net-leased property located in Elk Grove Village, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,218,000.
Net Lease W Minnesota The Boulder Group sells Dollar General in Minnesota The Boulder Group, completed the sale of a single-tenant Dollar General at 714 E Cedar St. in Houston, Minnesota, for more than $1.16 million.