FVH Open Up The city: 9 Smarter Cities Ibm Juha Hulkkonenforumvirium
http://events.forumvirium.fi/openupthecity/
Forum Virium Helsinki
Fourth Annual Seminar of Forum Virium Helsinki, Thursday 11th March 2010.
The seminar theme was Open up the City - Open data, design, interfaces and innovation
Speakers Presentations
We are providing these presentations as a courtesy to seminar visitors. Please contact the speakers themselves for permissions to use the material.
This document discusses factors to consider when selecting a retail market and location. It covers analyzing the regional market, trade area, and specific site. Key points include understanding the target customer, competitors, and potential customers; using tools like GIS to define trade areas; models for determining trade area size like Reilly's Law of Retail Gravitation and Huff's Gravity Model; and assessing retail saturation. The document also outlines different types of retail sites like freestanding, planned, and unplanned locations, and characteristics to evaluate like traffic patterns, transportation access, and site availability.
This document discusses using sports teams and leagues to teach geographic concepts. It provides examples of how the locations of professional sports franchises relate to concepts like central place theory, agglomeration, and Weber's least cost theory of industrial location. Specific leagues and teams are mapped to demonstrate fan allegiance and how radio station networks illustrate central place hierarchies. Potential relocations of teams are analyzed in the context of population shifts, facility issues, and markets being over-extended with multiple franchises.
Christaller's Central Place Theory and Reilly's Law of Retail Gravitation describe models for how settlements are arranged and influence each other. Christaller's theory proposes that settlements will be arranged in a hexagonal pattern with higher-order settlements further apart and providing services with a higher threshold and range. Reilly's law uses gravitational models to determine breaking points where customers are equally drawn to two settlements based on their populations and distance. However, both models rely on unrealistic assumptions and do not perfectly predict human behavior or reflect real-world conditions. While not fully realistic, the theories can still provide some guidance for planning.
Net Lease Tenant Profile Report 2019 | The Boulder GroupThe Boulder Group
The Boulder Group releases its 2019 Q3 Net Lease Tenant Profiles report. The report provides comprehensive insight into tenant lease structures and cap rates for over 70 net lease tenants.
FVH Open Up The city: 9 Smarter Cities Ibm Juha Hulkkonenforumvirium
http://events.forumvirium.fi/openupthecity/
Forum Virium Helsinki
Fourth Annual Seminar of Forum Virium Helsinki, Thursday 11th March 2010.
The seminar theme was Open up the City - Open data, design, interfaces and innovation
Speakers Presentations
We are providing these presentations as a courtesy to seminar visitors. Please contact the speakers themselves for permissions to use the material.
This document discusses factors to consider when selecting a retail market and location. It covers analyzing the regional market, trade area, and specific site. Key points include understanding the target customer, competitors, and potential customers; using tools like GIS to define trade areas; models for determining trade area size like Reilly's Law of Retail Gravitation and Huff's Gravity Model; and assessing retail saturation. The document also outlines different types of retail sites like freestanding, planned, and unplanned locations, and characteristics to evaluate like traffic patterns, transportation access, and site availability.
This document discusses using sports teams and leagues to teach geographic concepts. It provides examples of how the locations of professional sports franchises relate to concepts like central place theory, agglomeration, and Weber's least cost theory of industrial location. Specific leagues and teams are mapped to demonstrate fan allegiance and how radio station networks illustrate central place hierarchies. Potential relocations of teams are analyzed in the context of population shifts, facility issues, and markets being over-extended with multiple franchises.
Christaller's Central Place Theory and Reilly's Law of Retail Gravitation describe models for how settlements are arranged and influence each other. Christaller's theory proposes that settlements will be arranged in a hexagonal pattern with higher-order settlements further apart and providing services with a higher threshold and range. Reilly's law uses gravitational models to determine breaking points where customers are equally drawn to two settlements based on their populations and distance. However, both models rely on unrealistic assumptions and do not perfectly predict human behavior or reflect real-world conditions. While not fully realistic, the theories can still provide some guidance for planning.
Net Lease Tenant Profile Report 2019 | The Boulder GroupThe Boulder Group
The Boulder Group releases its 2019 Q3 Net Lease Tenant Profiles report. The report provides comprehensive insight into tenant lease structures and cap rates for over 70 net lease tenants.
This document provides an overview of various national retail tenants, including their typical building sizes, number of locations, capitalization rates, lease terms, and average rents and sale prices. It includes profiles for 79 tenants across various industries such as fast food, auto parts, grocery stores, pharmacies, and general retail.
Cap rates increased slightly for retail properties but increased more for office properties in Q1 2019 compared to Q4 2018. The number of retail, office, and industrial properties on the market decreased compared to the previous quarter. Most survey respondents now expect cap rates to remain stable or decrease in 2019 compared to late 2018 when most expected rates to increase due to anticipated higher interest rates.
Cap rates for auto parts stores increased slightly in Q4 2018 compared to Q4 2017. Advance Auto Parts properties made up over half of auto parts properties on the market and had significantly higher asking cap rates than AutoZone and O'Reilly Auto Parts properties. Transaction volume declined in 2018 for the auto parts sector while remaining flat for the overall net lease market. Auto parts stores remain attractive investments due to their relatively low price points and investment grade tenants.
Cap rates in the single tenant net lease big box retail sector increased from 6.75% in Q4 2017 to 7.04% in Q4 2018, driven by investor concerns over retail environment changes and store vacancies from retailer bankruptcies; investment grade rated big box tenants commanded a 68 basis point premium over cap rates for non-investment grade tenants; the report provides data on median asking prices, cap rates, and recent transactions for net lease big box properties in Q4 2018.
Cap rates in the single tenant net lease medical sector increased 22 basis points in Q3 2018 to 6.47% compared to the previous year, attributed to a higher concentration of properties in secondary markets and more non-investment grade tenants. Dialysis properties, primarily Fresenius and DaVita, represented over 55% of the sector and had the lowest cap rates of 5.85% for properties with over 11 years remaining on leases. Cap rates in the medical sector remained 9 basis points lower than the overall net lease market due to the high percentage of non-investment grade tenants.
This report summarizes net lease market trends in Q3 2018. Cap rates increased slightly for retail and office properties but compressed slightly for industrial. The number of properties on the market increased for retail but decreased for office and remained flat for industrial. Despite rising supply, newly constructed properties with long-term tenants saw stable or compressing cap rates. The report provides charts on cap rate trends by sector and selected sales comparables. Overall, cap rates are expected to remain stable in the near future but upward pressure remains from rising interest rates.
Cap rates in the quick service restaurant sector declined slightly in Q2 2018 from the previous year. Corporate leased QSR properties saw larger cap rate decreases than franchisee leased properties. The quick service restaurant sector remains very popular with private and 1031 exchange investors due to its resistance to e-commerce and lower price points.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market.
This document summarizes net lease market trends in Q2 2018. Key points include:
- Retail cap rates increased 10 bps while office and industrial rates compressed by 5 and 25 bps respectively.
- The supply of single tenant properties increased over 11% from Q1, primarily in retail.
- The spread between asking and closed cap rates widened for retail and industrial, indicating upward pressure on rates.
- Sentiment is that cap rates will remain stable within recent ranges across all sectors, but the Fed's interest rate policies bear monitoring.
Net Lease Casual Dining Report 2018 | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Casual Dining Market.
net lease research report q1 2018 | The Boulder GroupThe Boulder Group
This report summarizes key metrics and trends in the net lease market in Q1 2018:
- Cap rates remained stable for retail (6.1%) and office (7%), and increased slightly for industrial (7.29%).
- Transaction volume in 2017 was similar to 2016 at $54 billion. Demand remains high for e-commerce resistant and experiential retail tenants.
- The market remains bifurcated between high and lower quality properties. New construction supply is concentrated in dollar stores, restaurants, and medical properties.
Net Lease Big Box Research Report | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 4th quarter activity in the National Net Lease Big Box Market.
The document summarizes key metrics and trends in the net lease quick service restaurant (QSR) market in Q2 2017. Some of the key findings include:
- Median cap rates for net lease QSR properties declined 14 basis points year-over-year to 5.56% in Q2 2017, with corporate leased properties at 5.35% and franchisee leased at 5.75%.
- New construction QSR properties saw the largest cap rate decline (15 basis points) due to high investor demand for newer properties.
- Over 75% of QSR property sales in the first half of 2017 were to private buyers, showing continued strong demand in the sector.
This document provides an offering for the net lease sale of a Pizza Hut property located in Detroit, Michigan. The 2,202 square foot building sits on a busy thoroughfare with over 24,000 daily vehicles. It has been leased by Pizza Hut since 1998. The lease expires in June 2018 but includes two 5-year renewal options. The property is located near many retailers and residential areas with over 126,000 people within 3 miles earning $74,819 annually on average. It is being offered at $300,000 with a 10% cap rate and $30,000 annual net operating income.
This document provides information about a potential net lease investment opportunity for a Burger King property located in Buffalo Grove, Illinois. Key details include there being 5 years remaining on the ground lease, the property has been operating as a Burger King for 40 years, and it is located on a major thoroughfare with over 37,000 vehicles per day. Burger King is the second largest fast food hamburger chain in the world and has over 15,000 locations globally.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market. #CRE
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 2nd quarter activity in the National Net Lease Market.
Sale Leaseback Property For Sale - The Boulder Group The Boulder Group
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Discovery Clothing sale leaseback opportunity located within the Chicago MSA
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
This document provides an overview of various national retail tenants, including their typical building sizes, number of locations, capitalization rates, lease terms, and average rents and sale prices. It includes profiles for 79 tenants across various industries such as fast food, auto parts, grocery stores, pharmacies, and general retail.
Cap rates increased slightly for retail properties but increased more for office properties in Q1 2019 compared to Q4 2018. The number of retail, office, and industrial properties on the market decreased compared to the previous quarter. Most survey respondents now expect cap rates to remain stable or decrease in 2019 compared to late 2018 when most expected rates to increase due to anticipated higher interest rates.
Cap rates for auto parts stores increased slightly in Q4 2018 compared to Q4 2017. Advance Auto Parts properties made up over half of auto parts properties on the market and had significantly higher asking cap rates than AutoZone and O'Reilly Auto Parts properties. Transaction volume declined in 2018 for the auto parts sector while remaining flat for the overall net lease market. Auto parts stores remain attractive investments due to their relatively low price points and investment grade tenants.
Cap rates in the single tenant net lease big box retail sector increased from 6.75% in Q4 2017 to 7.04% in Q4 2018, driven by investor concerns over retail environment changes and store vacancies from retailer bankruptcies; investment grade rated big box tenants commanded a 68 basis point premium over cap rates for non-investment grade tenants; the report provides data on median asking prices, cap rates, and recent transactions for net lease big box properties in Q4 2018.
Cap rates in the single tenant net lease medical sector increased 22 basis points in Q3 2018 to 6.47% compared to the previous year, attributed to a higher concentration of properties in secondary markets and more non-investment grade tenants. Dialysis properties, primarily Fresenius and DaVita, represented over 55% of the sector and had the lowest cap rates of 5.85% for properties with over 11 years remaining on leases. Cap rates in the medical sector remained 9 basis points lower than the overall net lease market due to the high percentage of non-investment grade tenants.
This report summarizes net lease market trends in Q3 2018. Cap rates increased slightly for retail and office properties but compressed slightly for industrial. The number of properties on the market increased for retail but decreased for office and remained flat for industrial. Despite rising supply, newly constructed properties with long-term tenants saw stable or compressing cap rates. The report provides charts on cap rate trends by sector and selected sales comparables. Overall, cap rates are expected to remain stable in the near future but upward pressure remains from rising interest rates.
Cap rates in the quick service restaurant sector declined slightly in Q2 2018 from the previous year. Corporate leased QSR properties saw larger cap rate decreases than franchisee leased properties. The quick service restaurant sector remains very popular with private and 1031 exchange investors due to its resistance to e-commerce and lower price points.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market.
This document summarizes net lease market trends in Q2 2018. Key points include:
- Retail cap rates increased 10 bps while office and industrial rates compressed by 5 and 25 bps respectively.
- The supply of single tenant properties increased over 11% from Q1, primarily in retail.
- The spread between asking and closed cap rates widened for retail and industrial, indicating upward pressure on rates.
- Sentiment is that cap rates will remain stable within recent ranges across all sectors, but the Fed's interest rate policies bear monitoring.
Net Lease Casual Dining Report 2018 | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Casual Dining Market.
net lease research report q1 2018 | The Boulder GroupThe Boulder Group
This report summarizes key metrics and trends in the net lease market in Q1 2018:
- Cap rates remained stable for retail (6.1%) and office (7%), and increased slightly for industrial (7.29%).
- Transaction volume in 2017 was similar to 2016 at $54 billion. Demand remains high for e-commerce resistant and experiential retail tenants.
- The market remains bifurcated between high and lower quality properties. New construction supply is concentrated in dollar stores, restaurants, and medical properties.
Net Lease Big Box Research Report | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 4th quarter activity in the National Net Lease Big Box Market.
The document summarizes key metrics and trends in the net lease quick service restaurant (QSR) market in Q2 2017. Some of the key findings include:
- Median cap rates for net lease QSR properties declined 14 basis points year-over-year to 5.56% in Q2 2017, with corporate leased properties at 5.35% and franchisee leased at 5.75%.
- New construction QSR properties saw the largest cap rate decline (15 basis points) due to high investor demand for newer properties.
- Over 75% of QSR property sales in the first half of 2017 were to private buyers, showing continued strong demand in the sector.
This document provides an offering for the net lease sale of a Pizza Hut property located in Detroit, Michigan. The 2,202 square foot building sits on a busy thoroughfare with over 24,000 daily vehicles. It has been leased by Pizza Hut since 1998. The lease expires in June 2018 but includes two 5-year renewal options. The property is located near many retailers and residential areas with over 126,000 people within 3 miles earning $74,819 annually on average. It is being offered at $300,000 with a 10% cap rate and $30,000 annual net operating income.
This document provides information about a potential net lease investment opportunity for a Burger King property located in Buffalo Grove, Illinois. Key details include there being 5 years remaining on the ground lease, the property has been operating as a Burger King for 40 years, and it is located on a major thoroughfare with over 37,000 vehicles per day. Burger King is the second largest fast food hamburger chain in the world and has over 15,000 locations globally.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market. #CRE
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 2nd quarter activity in the National Net Lease Market.
Sale Leaseback Property For Sale - The Boulder Group The Boulder Group
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Discovery Clothing sale leaseback opportunity located within the Chicago MSA
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
Why is Revit MEP Outsourcing considered an as good option for construction pr...MarsBIM1
Outsourcing MEP modeling services require effective collaboration and coordination amongst multiple engineering trades. The engineers and the designers often change the details of the MEP projects, but the work of Revit MEP drafting services is having the master plan and model of the complete project. To have proper coordination and installation, there is a need to execute the project effectively. Hence, the work of Revit family creation facilitates the MEP engineers.
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxneilahuja668
Anilesh Ahuja journey is a testament to the power of vision, resilience, and unwavering determination. As a visionary leader, he continues to inspire and empower others to dream big and challenge the status quo. His legacy extends far beyond the realm of real estate, leaving an indelible mark on the industry and the world at large.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
1. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Brunswick Zone XL
1515 West Aurora Avenue
Naperville, IL 60540 (Chicago MSA)
2. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Aerial
5) Site Plan
6) Maps
7) Tenant Profile
8) Demographic Comparison Report
9) Location Overview
10) Contact Information
TABLE OF CONTENTS
TABLE OF CONTENTS
3. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to
be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person
or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide
summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the
subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The
Boulder Group has not made any investigation, and makes no warranty or representation. The information contained
in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group
has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any
investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy
or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the
information set forth herein.
CONFIDENTIALITY & DISCLAIMER
CONFIDENTITALITY & DISCLAIMER
4. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The Boulder Group is pleased to market for sale a single tenant Brunswick Zone XL property located within the
Chicago MSA. The 80,425 square foot property is located on 6.9 acres of land in the primary trade area of Naperville,
Illinois. Naperville is an affluent community located approximately 30 miles west of downtown Chicago. The city of
Naperville has been ranked in the top five for Money Magazine’s: Best Places to Live, three of the last eight years.
Brunswick Zone XL has operated at this location since 1997 and recently extended their lease through June 2018
with two rental escalations. Additionally, Brunswick Zone XL features a below market rental rate. Brunswick Zone
XL is owned and operated by Brunswick Corporation (NYSE: BC), and has over 100 locations in the United States
and Canada. Brunswick Zone XL is a family fun center offering bowling, arcade games, billiards and more.
The property is located along Aurora Avenue (18,100 VPD) approximately one mile east of Illinois Route 59 (50,500
VPD). Brunswick Zone XL benefits from its location in the primary retail trade area one mile from Westfield Fox
Valley regional mall. Westfield Fox Valley is anchored by Macy’s, JCPenney, Kohl’s and Sears. Other retailers in
the immediate area include Wal-Mart Supercenter, Sam’s Club, Super Target, Costco, Lowe’s and Home Depot.
Additionally, the property is located near Springbrook Prairie Pavilion retail center which is tenanted by Dicks, Whole
Foods, Nordstrom Rack and Home Goods. Residents living within one mile of the property enjoy average household
income of approximately $120,000 annually. Brunswick Zone XL offers its customers 40 lanes of bowling, 16
billiards tables, event rooms, game zone arcade, lazer tag, bumper cars and a bar & grill.
Brunswick Zone XL’s original fifteen year lease term commenced in 1997 and Brunswick Zone XL recently extended
their lease through June 2018. The net operating income increases by 2.5% in 2016 and in 2017. The lease
has one additional 2-year renewal option with annual 2.5% escalations. The lease is corporately guaranteed by
Brunswick Corporation. Brunswick Corporation is a publicly traded company on the New York Stock Exchange (BC),
with a market capitalization of $3 billion.
INVESTMENT HIGHLIGHTS
• Located within the Chicago MSA
• 2.5% rental escalations in 2016 and every year thereafter
• Below market rent per square foot
• Tenant has been at location for over 16 years and recently
extended lease through June 2018
• Positioned in the primary retail trade area
• Close proximity to Westfield Fox Valley regional mall anchored by
Macy’s, JCPenney, Kohl’s and Sears
• Other nearby retailers include Wal-Mart Supercenter, Sam’s Club, Super Target, Costco, Lowe’s and Home Depot
• Corporately guaranteed lease (NYSE: BC)
• Naperville is an affluent suburb of Chicago with average household income of approximately $120,000 within
one mile of the property
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY
5. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
PROPERTY OVERVIEW
PROPERTY OVERVIEW
Price: $4,400,000
Cap Rate: 9.68%
Renewal Options: One 2-Year
Rent Schedule: NOI Rent P/SF Escalation Date
$426,098 $5.30
$436,750 $5.43 7/1/2016
$447,669 $5.57 7/1/2017
$458,860 $5.71 7/1/2018 (Option)
$470,332 $5.85 7/1/2019
Lease Commencement Date: April 3, 1997
Lease Expiration Date: June 30, 2018
Tenant: Brunswick Zone XL
Guarantor: Brunswick Corporation (NYSE: BC)
Lease Type: Triple Net
Landlord Responsibilities: Structure Only
Rentable Square Feet: 80,425
Land Size: 6.9 acres
6. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
AERIAL
AERIAL
27,000VPD
WEST OGDEN AVENUE
50,500 VPD
AURORA AVENUE 18,100 VPD
59
7. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
SITE PLAN
SITE PLAN
AURORA AVENUE
9. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Brunswick Corporation (NYSE: BC) is a United States based corporation headquartered in Lake Forest, Illinois.
Brunswick is involved in manufacturing marine boats, marine engines and fitness equipment. Brunswick
Corporation also manufactures billiards and bowling equipment, bowling services, products, and accessories
and operates bowling centers in the United States and Canada. Brunswick reports that in the past five years,
their international sales have grown at twice the rate of domestic sales. The company has established regional
headquarters in Belgium, Australia and Dubai to better serve its customers.
Brunswick owns and operates over 100 “Brunswick Zone” locations throughout the United States and Canada
offering food, arcade games, bowling, billiards and lazer tag, bumper cars and event rooms at select locations.
Brunswick is publicly traded on the New York Stock Exchange (BC) with a market cap of $3 billion. Brunswick
had revenue of approximately $3.7 billion in 2012.
Corporate Website: www.brunswick.com
Brunswick Zone Website: www.bowlbrunswick.com
Number of Locations: 100+
Stock Symbol: BC: NYSE
Market Capitalization: $3 billion
TENANT PROFILE
TENANT PROFILE
10. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Population 1-mi 3-mi 5-mi
Total Population 10,821 84,911 231,663
Total Households 3,934 32,603 82,544
Income
Median Household Income $101,233 $83,319 $94,340
Average Household Income $119,118 $103,284 $114,070
DEMOGRAPHIC COMPARISON REPORT
DEMOGRAPHIC COMPARISON REPORT
11. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Naperville is located in DuPage and Will Counties in Illinois. The population at the 2010 census
was 141,853 making it the 5th largest city in Illinois. In a 2010 study by bizjournals, Naperville
was named as the wealthiest city in the Midwest and eleventh in the nation with a population over
75,000. Naperville is located 28 miles west of downtown Chicago and consistently ranks amongst
the top communities in the nation to live, raise children and retire. Naperville has been ranked in the top five for
Money Magazines: Best Places to Live, three of the last eight years.
Naperville has a diversified employer base that features high technology firms, retailers and factories, as well as
small and home-based businesses. Major area private employers of Naperville include Lucent Technologies, Nicor
Gas, BP Amoco, Tellabs, Ondeo Nalco, ConAgra Foods, Laidlaw, Calamos Investments, Solar Communications and
Kraft Foods.
www.naperville.il.us
Chicago is the most populous city in the Midwestern United States and the third most populous city
in the United States with 2,700,000 residents. Chicago is the county seat of Cook County, the second
largest county in the United States. The Chicago MSA is the third most populated metropolitan area
in the United States with 9,580,567 residents. The MSA covers over 1,300 square miles and six
counties. The Chicago metropolitan area is home to the corporate headquarters of 57 Fortune 1000 companies,
including Boeing, McDonald’s, Motorola, Discover Financial Services and United Airlines. Chicago is a major hub for
industry, telecommunications and infrastructure and O’Hare International Airport is the second busiest airport in
the world in terms of traffic movement.
The metro is also a major financial center in North America, and is home to the largest futures exchange in the
United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the
competitiveness of financial centers based on people, business environment, market access, infrastructure and
general competitiveness.
www.cityofchicago.org
LOCATION OVERVIEW
LOCATION OVERVIEW
12. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
rblank@bouldergroup.com
Jimmy Goodman
Partner
847.562.8500
jimmy@bouldergroup.com
CONTACT INFORMATION
CONTACT INFORMATION