Family Dollar & Greenlight Dispensary
Chicago MSA Opportunity | Strong Demos: 166+ Residents | Attractive Annual Rent Increases
Marketing description
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar & Greenlight Dispensary asset located in Park City, IL (“The Property”). The Property consists of a 14,868-square-foot, multi-tenant retail building that sits on approximately 2.0-acres of land. The Property is strategically positioned immediately east of Skokie Highway, at the southwest corner of Belvidere Road and Knight Avenue. The Property is 100% leased to Family Dollar, Greenlight Dispensary, and Buddy’s Cafe & Smoke Shop, which all operate under passive net leases with limited landlord responsibilities.
Investment highlights
Lake County (Chicago MSA – NOT Cook County) Acquisition Opportunity w/ Strong Demographics
Brand New $100K Roof with 20-Year Roof Warranty
Robust Tenant Mix – 100% Occupied – High-Performing Tenants
Resilient Tenant Mix with Good Selection of Locals/Nationals
Excellent Local and Regional Access - Highly Trafficked Retail Corridor with Thousands of VPD
Expanding Cannabis Market in Limited Licensure State – Little Competition in Submarket
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