Property details

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.