The Armitage Collection
Retail | 7.00% CAP | 22,604 SqFt
Marketing description
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in The Armitage Collection, a collection of urban high street retail buildings leased by daycare, healthcare, and personal services tenants. This dynamic asset is located along Lincoln Park’s affluent and heavily trafficked Armitage Avenue and provides an investor with the opportunity to acquire an asse with a diversified rent roll and long-term leases.
Location Description
The Armitage Collection is located on Armitage Avenue at the center of Chicago’s affluent Lincoln Park neighborhood. With a highly sought-after customer base, the retail corridor along Armitage is considered one of Chicago’s most desirable and productive given its diverse mix of luxury retailers, digitally native brands, high-end lifestyle shops, and health and personal services retailers. Major tenants in the vicinity of the subject offering include Abercrombie & Fitch, Todd Snyder, Buck Mason, Allbirds, Rothy’s, Rails, Faherty, MOSCOT, Marine Layer, Bonobos, and others. Lincoln Park is home to a dynamic array of local tenants and boutiques, national brands, top-ranked restaurants, and some of Chicago’s highest priced single-family homes and apartments.
Investment highlights
- 1123 W Armitage (1st Floor) 1,400 SF - Bowie Barker
- 1123 W Armitage (1st & 2nd Floor) 3,600 SF - Studio Lagree
- 1127 W Armitage 6,542 SF - The Goddard School (new 10-year renewal)
- 1958 N Seminary Court 5,062 SF - The Goddard School (new 10-year renewal)
- 1131 W Armitage (1st & 2nd Floor) 6,000 SF - Armitage Allergy & Asthma Associates
- Total Square Feet: 22,604
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