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Little Newtons & Foss Swim School 1850 N Harlem Ave 20,291 SF 100% Leased Retail Building Elmwood Park, IL 60707 $10,297,702 CAD ($507.50 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

Corporate Guaranteed Leases | Options To Extend | Scheduled Rental Increases
Strong Demographics In 5-Mile Trade Area

Absolute NNN Leases | Fee Simple Ownership | Zero Landlord Responsibilities

EXECUTIVE SUMMARY

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, 2-tenant investment property located in Elmwood Park, Illinois. The tenant, Little Newton’s, has an agreement in place to extend the lease until 6/30/2037, bringing the term remaining to over 12 years with 4 (5-year) options to extend, demonstrating their commitment to the site. Foss Swim School has over 4 years of term remaining. Both leases currently feature 1.5% annual rental increases throughout the initial term and Little Newton’s extend throughout each option period, steadily growing NOI and hedging against inflation. The leases are absolute NNN in structure with zero landlord responsibilities making it an ideal investment opportunity for a passive investor.