Property details
Lincolnwood, ILlinois
Lincolnwood Retail Center
Investment type
Net Lease
Asset Class
Retail
Ownership Structure
Tenancy-In-Common (TIC)
Year Acquired
2013
Investment Summary
The property consists of two two-tenant retail properties leased to Verizon, Five Guys, Holy Buckets, and Vitamin Shoppe. The property is located at the intersection of West Touhy Avenue and McCormick Boulevard on an outlot to Lincolnwood Town Center, a 400,000 square foot shopping center.
Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.
