facebook
Traded Co logo
Submit
Daily limit: 0/10

Picklemall Inc Leases 46,000-Square-Foot Space In Vernon Hills With Transwestern Real Estate Services

Property Image
LEASED

Illinois

See Similar Deals
Retail46,000 SF
Leased 10/09/2023
the dealplayerscompscontact
Property Image
LEASED

Picklemall Inc Leases 46,000-Square-Foot Space In Vernon Hills With Transwestern Real Estate Services

Retail46,000 SF
Leased 10/09/2023
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:46,000 SF
Transaction Type:Lease

A 46,000-square-foot retail space located at 5555 Town Line Road in Vernon Hills, Illinois, has been leased. The property will be utilized by Picklemall Inc. for its innovative indoor pickleball facility concept. The space will be repurposed into climate-controlled pickleball centers. Transwestern Real Estate Services (TRS) provided real estate services, including site selection and project management, to Picklemall Inc.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Square Footage: 46,000
  • Address: 5555 Town Line Road
  • Market: Vernon Hills

Transwestern Real Estate Services (TRS) played a vital role in assisting Picklemall Inc. with their leasing needs. The brokers involved in the transaction were Tim Katt and Larry Serota, both from Transwestern Real Estate Services (TRS). Picklemall Inc.’s innovative concept for indoor pickleball facilities was supported by Major League Pickleball Founder Steve Kuhn. TRS provided valuable services such as site selection and project management to bring this vision to life.

Players

Larry Serota
7 deals$5.4M volume(312) 881-7038
BROKER

Details

LEASED
IMAGE: Tim Katt & Larry Serota DATE: 10/09/2023 ADDRESS: 5555 Town Line Road MARKET: Vernon Hills ASSET TYPE: Retail ~ SF: 46,000 TENANT: Picklemall Inc (@ThePickleMall) - West Shaw (@J.West.Shaw) BROKERS: Tim Katt (@Tim_Katt) & Larry Serota (@LSerota3) - Transwestern Real Estate Services (@Transwestern) NOTE: Transwestern Real Estate Services (TRS) has assisted Picklemall Inc. in leasing a 46,000-square-foot space in Vernon Hills, Illinois, for its innovative indoor pickleball facility concept. Backed by Major League Pickleball founder Steve Kuhn, Picklemall plans to repurpose vacant mall space into climate-controlled pickleball centers, with TRS providing real estate services including site selection and project management.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$2,636,692.24

Total Lease Value

$26,366,922.42

Net Landlord Cash Flow$2,636,692.24