Office Plaza
TOUHY Office Plaza Holliday Fenoglio Fowler, L.P. (“HFF”) is an Illinois licensed real estate broker EXECUTIVE SUMMARY TOUHY Office Plaza Holliday Fenoglio Fowler, L.P. (“HFF”) is pleased to present Touhy Office Plaza (the “Property”) KEY PROPERTY STATISITICS located at 5550 West Touhy Avenue in Skokie, IL, an opportunity to acquire a well maintained, Location 5550 West Touhy Avenue boutique office asset with a secure cash flow stream and significant tenant retention. Touhy Office City Skokie, IL Plaza is situated in a dense, amenity rich in-fill location and offers superb access to the Chicago Submarket North transit grid. Total Rentable Area 50,156 RSF Stories 4 Stories and Lower Level Touhy Office Plaza is a 4-story, 89.6% leased office building located on the heavily trafficked West Percent Leased 89.6% Touhy Avenue, sitting at the epicenter of a thriving retail corridor. The Property is in close proximity Weighted Average Lease Term 4.8 Years to multiple retail and entertainment centers, such as Village Crossing and Pointe Plaza, anchored Date Completed/Renovated 1986 by brands names such as Dick's Sporting Goods, Fresh Farms and AMC Theatres. Village Crossing, Average Floor Plates 12,500 RSF developed in 2002, and Pointe Plaza, developed in 1999, are 92% occupied retail centers that total Site Area 2.21 Acres over 640,000 square feet of retail space. Both of these popular retail centers were developed as part Finished Ceiling Height 8'5'' of the on-going conversion the west end of Skokie has experienced from light industrial to commercial Parking 180 Parking Spaces; 3.6 / 1,000 SF Ratio and retail use.
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