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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