Caliber Collision

5950 West Howard Street, Skokie, IL

$3,470,000

Price

5.85%

Cap Rate

$202,947

NOI

Overview
Cap Rate
5.85%
NOI
$202,947
Building Size
28,000 sqft
Lot Area
1.43 sqft
Occupancy
100%
Lease Type
Triple Net
Year Built
1965
Price Per Sqft
$123.93
Tenancy
Single
Lease Expire Year
02/28/2035
Description

This Caliber Collision is located in Skokie, Illinois which is a village in Cook County, Illinois; neighboring the City of Chicago’s norther border. Skokie lies approximately 15 miles north of Chicago’s downtown loop and 12 miles east of O’Hare International Airport, provides high-quality government services to over 64,000 residents, 24,000 households and 2,400 businesses that call Skokie their home. For many years Skokie promoted itself as “The World’s Largest Village.” Money Magazine named Skokie among the 80 fastest-growing suburbs in the entire nation. Chicago magazine continues to rank Skokie near the top in its suburban livability rating, praising the Villages’: Entertainment Options, Municipal Services, Parks and Schools.

Highlights
  • Caliber Collision investment with 15 year NNN lease, 10% rent increases every 5 years and three 5-year renewal options.
  • Corporate guaranty signed by WAND NEWCO 3, INC. the parent of Caliber Collision and Abra which operates over 1,100 stores in 37 states and the District of Columbia.
  • 5-mile population exceeding 596,020 with Average Household Income of $103,727.
  • This property is surrounded by major retailers such as: Walmart, Goodwill, Costco, Target, Aldi, Walgreens, and Best Buy.
  • Skokie is a village in Cook County, Illinois; neighboring the City of Chicago’s norther border. Skokie lies approximately 15 miles north of Chicago’s downtown loop. For many years Skokie promoted itself as “The World’s Largest Village.”
Documents
Title
Caliber_Collision_-_Skokie__IL_MP_-_R.pdf
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Location
Gallery