Retail    

Village Dispensary

(GTI Corporate Guarantee)

 Chicago (Lincoln Park), IL

Price

$7,072,000

Average Cap Rate:

8.25%

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Long-Term Net Lease

w/ Annual Rental Escalations

Rent Increases

Expanding Market

19% Increase in Cannabis Sales

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Excellent Exposure

Along I-90/94

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Dense Demographics

55,000+ (1-mi pop) $215,797+ (1-mi HHI)

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Strong Retail Sector

Mariano's, Kohl's, Best Buy, etc.

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Extremely Rare, Lincoln Park Net Lease Opportunity
  • Significant Capital Investment into the Property
  • Pylon Sign and Billboard w/ Highway Exposure along I-90/94
  • Long-Term Lease with Annual Increases
  • Corporate Guarantee from One of the Largest Cannabis Operators – Green Thumb Industries
  • Expanding Cannabis Market in Limited-License State
  • Exceptional Urban Demographics – Over 55,000 Residents in 1 Mile with Avg. HH Incomes Exceeding $216,000

Exclusively Listed By

Christian Tremblay

Vice President
  ctremblay@northmarq.com      +1 201.919.6148
IL Broker #475165868

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com      +1 773.963.2637
IL Broker #471019332

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com      +1 773.727.4285

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Blaise Bennett

Associate Vice President
  bbennett@northmarq.com      +1 636.236.7845

Josh Dicker

Senior Associate
  jdicker@northmarq.com   

Robin Borgeson

Associate
  rborgeson@northmarq.com   

Sam Ray

Associate
  sray@northmarq.com   

Ian Swindle

Analyst
  iswindle@northmarq.com   

Northmarq

303 E Wacker Dr, Suite 1111
Chicago, Illinois 60601


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