Miscellaneous
Range USA - Recently Extended 15 YR Corporate Lease
19641 NE Frontage Rd, Shorewood, IL 60431
Listing Price: $4,150,992
Investment Overview
Range USA, formerly known as Shoot Point Blank, is the nation's leading indoor gun range and retail shops. They are the largest firearm educator in the world, teaching over 75,000 people each year to be responsible gun owners. Since its opening in 2012, Range USA has expanded to 52 locations. Range USA is the world's largest operator of indoor shooting ranges, providing a welcoming environment for shooters of all experience levels with a focus on safety and education.
Shorewood is a village located in Will County, Illinois, approximately 40 miles southwest of downtown Chicago and just west of Joliet. Primarily a residential community, Shorewood had a population of 18,209 according to the 2020 U.S. Census and has experienced steady growth over the past several decades.
Range USA - Recently Extended 15 YR Corporate Lease
Investment Highlights
- 15.5 Years Remaining on Corporate Lease
- Above Standard Range USA Increases - 6 Percent Every Five Years with Multiple Renewal Options
- Below Average Price Point for Range USA Net Lease Sales
- 164,106 Residents within a Five-Mile Radius in Growing Trade Area in Chicago MSA
- Average Household Income Exceeds $120,000 within Three Miles of the Subject Property
- Immediately Off US-55, Easily Accessible by Over 80,300 Cars per Day
- Surrounded by National Retailers: The Home Depot, Firestone, Target, Walmart, Petco, HomeGoods, Chili's, and More
- Less than Six Miles from Louis Joliet Mall - Major Retailers Include: Bob's Discount Furniture, Goodwill, Cinemark, Planet Fitness, and More
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
Miscellaneous
Range USA - Recently Extended 15 YR Corporate Lease
Listing Price: $4,150,992
Investment Highlights
- 15.5 Years Remaining on Corporate Lease
- Above Standard Range USA Increases - 6 Percent Every Five Years with Multiple Renewal Options
- Below Average Price Point for Range USA Net Lease Sales
- 164,106 Residents within a Five-Mile Radius in Growing Trade Area in Chicago MSA
- Average Household Income Exceeds $120,000 within Three Miles of the Subject Property
- Immediately Off US-55, Easily Accessible by Over 80,300 Cars per Day
- Surrounded by National Retailers: The Home Depot, Firestone, Target, Walmart, Petco, HomeGoods, Chili's, and More
- Less than Six Miles from Louis Joliet Mall - Major Retailers Include: Bob's Discount Furniture, Goodwill, Cinemark, Planet Fitness, and More
Investment Overview
Range USA, formerly known as Shoot Point Blank, is the nation's leading indoor gun range and retail shops. They are the largest firearm educator in the world, teaching over 75,000 people each year to be responsible gun owners. Since its opening in 2012, Range USA has expanded to 52 locations. Range USA is the world's largest operator of indoor shooting ranges, providing a welcoming environment for shooters of all experience levels with a focus on safety and education. Shorewood is a village located in Will County, Illinois, approximately 40 miles southwest of downtown Chicago and just west of Joliet. Primarily a residential community, Shorewood had a population of 18,209 according to the 2020 U.S. Census and has experienced steady growth over the past several decades.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
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