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6840 N McCormick Blvd
Lincolnwood, IL 60712
Walmart & Planet Fitness · Retail Property For Sale
Investment Highlights
- WALMART SPARK DELIVERY DEPOT: THE FUTURE OF LAST-MILE RETAIL
- HIGHLY DURABLE INCOME WITH INVESTMENT GRADE CREDIT TENANCY
- PROMINENT RETAIL LOCATION WITH EXCELLENT DEMOGRAPHIC PROFILE
- TOP PERFORMING PLANET FITNESS
- NEW 10-YEAR WALMART EXTENSION
- NEW SURROUNDING DEVELOPMENTS AND FURTURE DEVELOPMENT OPPORTUNITY ON SITE
Executive Summary
CBRE’s Net Lease Property Group – Midwest is pleased to present the opportunity to acquire the fee simple interest in a two-tenant deal, including a 41,216 SF Walmart Fulfillment Center and a 21,237 SF top-performing Planet Fitness, located in Lincolnwood, Illinois. The Property is leased to two nationally recognized tenants under long-term agreements, providing durable and reliable cash flow. Walmart, the nation’s largest retailer with an “AA” credit rating from S&P, utilizes the facility as a critical last-mile fulfillment location serving the greater Chicago area. Planet Fitness ranks among the highest-performing locations in the country and exhibits strong unit-level fundamentals.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
71,061 SF
Building Class
A
Year Built
2002
Price
$29,266,252 CAD
Price Per SF
$411.85 CAD
Cap Rate
6%
NOI
$1,756,027 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
6.59 AC
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