Property Overview

Facts

  • Address 313 S State St | Atkinson IL 61235
  • Transaction Type For Sale
  • Property Type Retail - Street Retail
  • Building size (SF) 1,000

Overview

Janra Distribution, Inc. (NV) was formed in 2014 as the successor to Janra Enterprises, Inc. (CA), which was formed in 1986 and was the survivor of a merger with Ideal Enterprises, Inc. (HI), which was formed in 1973, prior to which the companies were operated as a sole proprietorship. Janra Investments, LLC was formed in 2020 to own new and existing store locations.

The first Suzies location was opened in 1973. For over fifty years, Suzies has been the #1 national retailer of adult novelties, lingerie, and pleasure products. They provide premium products in a comfortable and upbeat atmosphere, along with the education their guests need to make a confident purchase. With 50 locations nationally and a quick ship warehouse, the online store can get products to the door in record time.

Highlights

Established brand since 1970's - Leading adult product retailer

Operator of 50+ locations nationally - Recent M&A Sale-Leaseback

19+ years remaining on a 20-year absolute triple-net lease with 2% annual increases to hedge off inflation

Five 5-yr extension options - No landlord responsibilities
4,460 SF building on 1.34 acre lot off Highway 80, 1 of only 3 transcontinental highways in US

Corporate guarantee & PG - Details available to qualified buyers

Adjacent lot slated for development of 2 QSR w/ drive-thrus

Location Map

Team

Edan Shalom
Edan Shalom
Regional Vice President
Century City
CalDRE 02033047
Centennial Advisers

Centennial Advisers