3450 West Touhy Ave. Picture courtesy of JLL Capital Markets
Bernard Capital Funding Companions has closed on the acquisition of 3450 West Touhy Ave., a 123,519-square-foot flex retail and industrial property Skokie, Unwell. CenterPoint Properties Belief offered the asset for $11.5 million.
Constructed in 1976 and revamped in 2013, the property is anchored by XSport Health. Serving because the busiest health facility inside a 5-mile perimeter, it has welcomed round 866,000 guests over the previous 12 months, based on JLL.
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The property additionally accommodates two industrial tenants, Skokie Money & Carry and Howard Packaging. These tenants occupy areas that includes three inside docks and 4 drive-in doorways. Furthermore, the constructing presents an 84-spot parking storage.
Situated 4 miles from Interstate 94, the property has a median day by day visitors depend of 20,000 autos, based on JLL. Chicago and O’Hare Worldwide Airport are roughly 10 miles away.
JLL Director Michael Nieder brokered the sale on behalf of the vendor. Firstly of the 12 months, Nieder additionally represented Kimco Realty Corp. within the $20.5 million transaction of Wind Level Procuring Middle, a 274,282-square-foot, grocery-anchored retail asset in Batavia, Unwell.
