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Miscellaneous

Curaleaf - Chicago MSA

677 Lake Cook Rd, Deerfield, IL 60015

Listing Price: $2,721,500

Cap Rate
6.50%
Tenant Name
Curaleaf
Years Remaining On Lease
9.1
Guarantor
Subsidiary of a Corporation
Rentable SF
4,230
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.82

Investment Overview

Home Depot Outparcel | Dense Retail Corridor - Surrounded by National Tenants & Premium Retailers Positioned Between Two Major Thoroughfares - I-94 (ADT: 61,632) | Lake Cook Rd (ADT: 47,688) Strong Cannabis Market | IL Legalized Use in 2019 - Location Serves Medical Patients & Recreational Consumers Curaleaf Ranked Biggest Company in the Business - TTM Revenue of $1.28 billion | CURLF (OTCMKTS)

Investment Highlights

  • NNN Long Term Lease with Options to Extend - 9.4 Years Remaining Offering Three Five-Year Options
  • Consistent Rental Increases | Hedge Against Inflation 2% Annual Increases in Initial Term and Options
  • $215,000+ Avg. Household Income in a 3 Mile Radius - Recognized as One of the Wealthiest Neighborhoods in Illinois

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Miscellaneous

Curaleaf - Chicago MSA

Listing Price: $2,721,500

Cap Rate
6.50%
Tenant Name
Curaleaf
Years Remaining On Lease
9.1
Guarantor
Subsidiary of a Corporation
Rentable SF
4,230
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.82

Investment Highlights

  • NNN Long Term Lease with Options to Extend - 9.4 Years Remaining Offering Three Five-Year Options
  • Consistent Rental Increases | Hedge Against Inflation 2% Annual Increases in Initial Term and Options
  • $215,000+ Avg. Household Income in a 3 Mile Radius - Recognized as One of the Wealthiest Neighborhoods in Illinois

Investment Overview

Home Depot Outparcel | Dense Retail Corridor - Surrounded by National Tenants & Premium Retailers Positioned Between Two Major Thoroughfares - I-94 (ADT: 61,632) | Lake Cook Rd (ADT: 47,688) Strong Cannabis Market | IL Legalized Use in 2019 - Location Serves Medical Patients & Recreational Consumers Curaleaf Ranked Biggest Company in the Business - TTM Revenue of $1.28 billion | CURLF (OTCMKTS)

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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