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Toca Soccer Facility 2454 Oakton Street, Evanston, IL 60202
Property Description
Re: Evanston NNN Single Tenant Property Investment Opportunity
https://www.youtube.com/watch?v=c3ZdXy-gXIg
The attached provides detail on an extraordinary investment opportunity, suitable for a 1031 Exchange. Below highlights the offer. Please let me know if there is direct interest or if you know of a connection that may have interest.
Location: Evanston, IL
Price: $6.25MM
Cap Rate: 7.25%
Term Remaining: Just under 9 years with 2 five-year renewal options
Rent escalation: 3%/YR
Property Type: Sports Facility
Tenant: TOCA - TOCA Football Training & Soccer Training Programs - is a solid and strong national tenant.
One of their investor/founders is TOCA’s co-chairman, also the former Topgolf Chairman Erik Anderson. Erik Anderson — WestRiver Group
Erik was appointed Vice Chairman of Topgolf Callaway, after Topgolf was acquired by Callaway Golf for more than $2 billion in March of 2021.
National Soccer Hall of Famer Abby Wambach has also joined TOCA’s board.
They just raised another $100 Million; please reference article links attached.
Toca Football closes $100M Series F
This is a great investment opportunity – Please let me know if you have interest in learning more.
Thanks
Martin Murray
Area Description
North Shore of Chicago IL
Highlights
Great Investment
Full Address: 2454 Oakton Street, Evanston, IL 60202
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100
Region: M-EN
County: Cook County
Property ID: 4063504
Building Sf: 67800
Parcel Num: 10-25-100-039-0000
Cap Rate: 7.25
Tenancy Type: Single-Tenant
Great Investment