NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
7-Eleven (S&P: AA-)
5363 Lincoln Avenue
Skokie, IL 60077 (Chicago MSA)
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
1)	 Executive Summary
2)	 Investment Highlights
3)	 Property Overview
...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The information contained in the following Offering Memorandum is prop...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The Boulder Group is pleased to exclusively market for sale a single t...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
PROPERTY OVERVIEW
PROPERTY OVERVIEW
Price: $975,000
Cap Rate: 6.46%
Ne...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
AERIAL
AERIAL
8,500 VPD
LINCOLN AVENUE
16,500
VPD
GROSS
POINTROAD
N
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
SITE PLAN
SITE PLAN
LINCOLN AVENUE
GROSSPOINTROAD
N
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
MAPS
MAPS
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
7-Eleven is part of an international chain of convenience stores with ...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Population 1-mi 3-mi 5-mi
Total Population 27,939 145,700 565,855
Tota...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Skokie is a village in Cook County, Illinois. A Chicago suburb, for ma...
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
CONTACT INFORMATION
CONTACT INFORMATION
666 Dundee Road, Suite 1801
No...
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The Boulder Group is pleased to exclusively market for sale a single tenant absolute net leased corporately guaranteed 7-Eleven property located within the Chicago MSA.

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Net lease-7-eleven-property-for-sale

  1. 1. NET LEASED INVESTMENT OFFERING www.bouldergroup.com 7-Eleven (S&P: AA-) 5363 Lincoln Avenue Skokie, IL 60077 (Chicago MSA)
  2. 2. NET LEASED INVESTMENT OFFERING www.bouldergroup.com 1) Executive Summary 2) Investment Highlights 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. 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. 4. NET LEASED INVESTMENT OFFERING www.bouldergroup.com The Boulder Group is pleased to exclusively market for sale a single tenant absolute net leased corporately guaranteed 7-Eleven property located within the Chicago MSA. The property is located in a densely populated area with approximately 28,000 people living within a one mile radius. 7-Eleven has successfully operated at this location since 1967. The lease has six years remaining and expires September 30, 2020. The lease has one 5-year renewal option with a 14.3% rental escalation. 7-Eleven is an investment grade tenant with a Standard & Poor’s rating of AA-. The 7-Eleven property is located at the signalized intersection of Lincoln Avenue and Gross Point Road, a prime intersec- tion that experiences traffic counts of 25,000 vehicles per day. The property is located approximately three-quarters of a mile from access to Interstate 94. Interstate 94 experiences traffic counts in excess of 155,000 vehicles per day. The prop- erty is located in a densely populated area with approximately 28,000 people living within a one mile radius. Additionally, there are over 145,000 people living within a three mile radius earning average household incomes in excess of $95,000 per annum. 7-Eleven has successfully operated at this located for almost fifty years due to its’ strategic neighborhood location in one of Chicago’s more densely populated neighborhoods. 7-Eleven signed a 15 year lease extension in 2005 that expires September 30, 2020. The lease is an absolute triple net and features one 5-year renewal option with a 14.3% rental escalation. 7-Eleven is the world’s largest retail store chain with more than 53,000 locations throughout the world. 7-Eleven is an investment grade rated company with a Standard & Poor’s rating of AA-. INVESTMENT HIGHLIGHTS • Located within the Chicago MSA • Corporately guaranteed • 7-Eleven is an investment grade rated tenant (S&P: AA-) • Long standing successful operating history at this location since 1967 • 14.3% rental escalation in the renewal option • Located at the prime signalized intersection of Lincoln Avenue and Gross Point Road (25,000 VPD) • Densely populated area with approximately 28,000 people living within a one mile radius • Over 145,000 people living within a three mile radius earning average household incomes in excess of $95,000 per annum • Three-quarters of a mile from access to Interstate 94 (155,000 VPD) EXECUTIVE SUMMARY EXECUTIVE SUMMARY
  5. 5. NET LEASED INVESTMENT OFFERING www.bouldergroup.com PROPERTY OVERVIEW PROPERTY OVERVIEW Price: $975,000 Cap Rate: 6.46% Net Operating Income: $63,000* Rental Escalations: 14.3% in Option Renewal Options: One 5-Year Lease Commencement Date: December 1967 Lease Expiration Date: September 30, 2020 Tenant: 7-Eleven Credit Rating: AA- (S&P) Year Built: 1967 Lease Type: NNN Rentable Square Feet: 2,800 SF Land Acreage: 10,156 SF *Seller will credit, at closing, the difference between the current rent of $57,000, until the rent escalates in October 1, 2015.
  6. 6. NET LEASED INVESTMENT OFFERING www.bouldergroup.com AERIAL AERIAL 8,500 VPD LINCOLN AVENUE 16,500 VPD GROSS POINTROAD N
  7. 7. NET LEASED INVESTMENT OFFERING www.bouldergroup.com SITE PLAN SITE PLAN LINCOLN AVENUE GROSSPOINTROAD N
  8. 8. NET LEASED INVESTMENT OFFERING www.bouldergroup.com MAPS MAPS
  9. 9. NET LEASED INVESTMENT OFFERING www.bouldergroup.com 7-Eleven is part of an international chain of convenience stores with more than 53,000 locations world-wide, making it the world’s largest operation, franchisor and licensor of convenience stores. 7-Eleven branded stores, under parent company Seven & I Holdings Co., are located in 16 countries and 7-Eleven’s American division is headquartered in downtown Dallas, Texas. Seven & I Holdings Co., Ltd. Is a diversified retail group headquartered in Tokyo, Japan. 7-Eleven has recently been ranked by Forbes magazine as No. 2 “Top Franchisee for the Money” for 2012 and No. 3 “Top 20 Franchises to Start” for 2011. Additionally 7-Eleven was ranked No. 3 on Entrepreneur magazine’s “Franchisee 500” and No. 1 in Store Growth by Convenience Store News for 2012. Website: www.7-eleven.com Number of Locations Worldwide: 53,000 Number of United States Locations: 7,800 Number of Employees: 45,000 Standard & Poor’s Rating: AA- TENANT PROFILE TENANT PROFILE
  10. 10. NET LEASED INVESTMENT OFFERING www.bouldergroup.com Population 1-mi 3-mi 5-mi Total Population 27,939 145,700 565,855 Total Households 10,689 54,040 211,322 Income Median Household Income $56,263 $71,173 $63,700 Average Household Income $73,573 $95,126 $91,404 DEMOGRAPHIC COMPARISON REPORT DEMOGRAPHIC COMPARISON REPORT
  11. 11. NET LEASED INVESTMENT OFFERING www.bouldergroup.com Skokie is a village in Cook County, Illinois. A Chicago suburb, for many years Skokie promoted itself as “The World’s Largest Village”. According to the 2010 census, Skokie had a population of 64,784 residents. Sharing a border with the city of Chicago, Skokie’s streets, like that of many suburbs, are largely a continuation of the Chicago street grid, and it is served by the Chicago Transit Authority, further cementing its connection to the city. The village is bordered by Evanston to the east, Chicago to the southeast and southwest, Lincolnwood to the south, Niles to the southwest, Morton Grove to the west, Glenview to the northwest, and Wilmette to the north. Pfizer is the largest employer in Skokie employing over 2,100 people. www.skokie.org 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. The city has also been rated as having the most balanced economy in the United States, due to its high level of diversity. www.cityofchicago.org LOCATION OVERVIEW LOCATION OVERVIEW
  12. 12. NET LEASED INVESTMENT OFFERING www.bouldergroup.com CONTACT INFORMATION CONTACT INFORMATION 666 Dundee Road, Suite 1801 Northbrook, IL 60062 Randy Blankstein President 847.562.0003 randy@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com Steven Gelber 310.824.4999 Ext. 15 steven.gelber@gmail.com

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