Marcus & Millichap announced the sale of a 4,400-square-foot new construction fuel station & C-Store, in which Thorntons recently signed a 20-year absolute net ground lease. The property is located in Riverwoods, Illinois, and sold for $2,550,000.
Nicholas Kanich had the exclusive listing to market the property on behalf of the seller, a national real estate developer and repeat client.
Thorntons is located at 1055 N. Milwaukee Ave. in Riverwoods, Illinois, a Chicagoland suburb only 30 miles from Downtown Chicago. The property benefits from high visibility at the lighted intersection of Milwaukee Avenue and Deerfield Road. The property is neighbored by national retailers such as Target, Chase Bank, Walmart Supercenter, Panera Bread, Verizon, and others.
