1400 Lewis Ave | North Chicago, IL 60064
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- LoopNet Team
1400 Lewis Ave
North Chicago, IL 60064
Family Dollar · Retail Property For Sale
Investment Highlights
- 2018 build-to-suit construction for Family Dollar
- Premium construction building (no metal sides)
- North Chicago is a prominent suburb of Chicago and the 5-mile average household income exceeds $70,000 annually
- Extremely rare Absolute NNN lease (zero management responsibilities)
- Attractive 10% rent increase in 2028 (cap rate will increase to 5.94%, assuming a purchase at list price)
- 5-Mile population of 150,274 residents
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.27 AC
Zoning
B2
Parking
18 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
113’ on Lewis Avenue
Property Taxes
| Parcel Number | 08-32-304-033 | Improvements Assessment | $351,547 |
| Land Assessment | $22,375 | Total Assessment | $373,922 |
Property Taxes
Parcel Number
08-32-304-033
Land Assessment
$22,375
Improvements Assessment
$351,547
Total Assessment
$373,922
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