Property details
Naperville, ILlinois
Starbucks & FedEx Retail Center
Investment type
Net Lease
Asset Class
Retail
Ownership Structure
Tenancy-In-Common (TIC)
Year Acquired
2013
Investment Summary
A 6,800 square foot, two tenant retail property leased to Starbucks and FedEx in Naperville, Illinois. The property is situated on a heavily trafficked, signalized corner at Ogden Avenue and Naperville-Wheaton Road.
Syndicated structured its acquisition as a Tenancy-in-Common to accommodate investors completing a Section 1031 Exchange.