iFly Indoor Skydiving | Chicago, IL
For Sale
iFly Indoor Skydiving | Chicago, IL
Asking Price: $4,600,000
| Cap Rate: 5.5%
- Net Operating Income: $253,000
- Weighted Avg. Lease Term (WALT): 10.1 Years
- Lease Type: Ground
Property Highlights
- 100% occupied by national tenant iFLY; over 10 years remaining on their initial lease
- The subject property is encumbered by an assumable loan; seller is willing to entertain offers with, or without, assumption of the loan
- Excellent visibility and easy ingress/egress from W. Scott St.
- Surrounded by many national retail tenants and considered part of the famed Clybourn Corridor