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691 Brook Forest Avenue - Citi Bank Ground Lease, Shorewood, IL
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691 Brook Forest Avenue - Citi Bank Ground Lease
Shorewood, IL 60404-6032 - Joliet/Central Will Submarket
For Sale Price:
Asphalt paved lot
The subject property is an absolute triple-net ground lease with ten percent rental increases every five years and 6 years remaining on the lease term. The property is subleased to Mattress Firm. Mattress Firm set out to be a different type of mattress retailer, with a focus on creating a unique shopping experience for the customer. With approximately 3,500 company-operated and franchised stores across 48 states, Mattress Firm has the largest geographic footprint in the United States among multi-brand mattress specialty retailers.
The subject property is located in Shorewood, Illinois adjacent to Home Depot and surrounded by National Retailers. Located in a tremendous growth area - the population is projected to increase 17% by 2020 within one mile of the store.
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FOR SALE CONTACTS
Marcus & Millichap Inc
View all my listings
(602) 687-6766 x6766
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