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Broker

Tom Fritz

Northmarq
Chicago Office
Senior Vice President & Managing Director
  • 6Active Listing
  • 0Under Contract
  • 0Sold Transactions

Tom Fritz is a senior vice president and managing director in Northmarq’s Chicago office, where he specializes in the sale of net-lease properties nationally, with a focus on the Midwest region. Tom has an exceptional accomplishment record, closing more than 200 transactions throughout his ten years in commercial real estate. Prior to Northmarq, Tom served as managing director and partner at Stan Johnson Company (SJC). Before SJC, Tom was a vice president at Mid-America Real Estate, part of its net-lease investment sales group. At Mid-America, he worked closely with some of the Midwest’s top brokers in retail leasing, property management and tenant representation, building a valuable background expertise in all facets of the net-lease sector. Previously at Guaranteed Rate Mortgage Company, Tom ranked No. 1 producer out of 60 sales associates. Tom began his career at General Growth Properties, where he was as a specialty leasing agent, responsible for more than $7 million in annual leasing income. Tom takes a consultative, value-added approach with clients, advising them throughout the entire property ownership lifecycle. His expertise ranges from initial lease negotiations to 1031 exchange proceeds into a replacement property. Tom's big picture approach allows him to develop long-term relationships with clients, making him an invaluable resource and vital member of their investment teams. Tom holds a Bachelor of Arts in in business management from Purdue University.

Licensed in: IL
303 S Wacker Drive Suite 1111 Chicago, IL 60601

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500 West Maple Street, New Lenox, IL , 60451
  • Size SF5,500
  • Built/Renov2022
  • Price/SF$388
  • Lease Start11-14-2022
  • Rent/SF$18.42
  • Lease Type Abs NNN
  • Lot/AC1.63
  • Pop 5MI98,050

2,133,000

  • Cap Rate 4.75%
  • NOI $101,333
  • R. Term/Yrs 18.6
  • Guarantor Corp R + T
  • # Units 215
  • New construction

  • Build to suit

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Thorntons
  • Guarantor Corp T and Rated
  • #Units 215
  • Moody's/S&P A2/ A-
  • Stock NYSE: BP
9115 Kingery Highway, Burr Ridge, IL , 60527
  • Size SF5,500
  • Built/Renov2024
  • Price/SF$388
  • Lease Start09-12-2023
  • Rent/SF$20.00
  • Lease Type Abs NNN
  • Lot/AC1.80
  • Pop 5MI135,341

2,136,000

  • Cap Rate 5.15%
  • NOI $110,000
  • R. Term/Yrs 19.3
  • Guarantor Corp R + T
  • # Units 215
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Thorntons
  • Guarantor Corp T and Rated
  • #Units 215
  • Moody's/S&P A2/ A-
  • Stock NYSE: BP
614 West Van Buren Street, Clinton, IL , 61727
  • Size SF664
  • Built/Renov2021
  • Price/SF$2,689
  • Lease Start07-01-2024
  • Rent/SF$188.25
  • Lease Type Abs NNN
  • Pop 5MI9,063

1,785,714

  • Cap Rate 7.00%
  • NOI $125,000
  • R. Term/Yrs 15.1
  • Guarantor Franchisee
  • # Units 5
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Personal guarantee

  • ...
  • Tenant Scooter's Coffee
  • Guarantor Franchisee
  • #Units 5
  • Stock Private
340 Racetrack Road, Washington, PA , 15301
  • Size SF2,400
  • Built/Renov2023
  • Price/SF$992
  • Lease Start02-12-2023
  • Rent/SF$47.00
  • Lease Type Abs NNN
  • Lot/AC0.90
  • Pop 5MI68,545

2,380,000

  • Cap Rate 4.74%
  • NOI $112,800
  • R. Term/Yrs 9.0
  • Guarantor Corp R + T
  • # Units 38,038
  • New construction

  • Build to suit

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
7520 West 159th Street, Orland Park, IL , 60462
  • Size SF14,910
  • Built/Renov1980
  • Price/SF$167
  • Lease Start05-11-2014
  • Rent/SF$10.10
  • Lease Type Double NN
  • Lot/AC2.02
  • Pop 5MI189,737

2,490,000

  • Cap Rate 6.05%
  • NOI $150,591
  • R. Term/Yrs 10.0
  • Guarantor Corp Rated
  • # Units 1,500
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Recently extended lease

  • Long 10+ yr lease

  • Corporate Guarantee

  • Credit rated company

  • ...
  • Tenant Harbor Freight Tools
  • Guarantor Corp Rated
  • #Units 1,500
  • Moody's/S&P B1/ BB-
  • Stock Private
120 2nd Street South, Waite Park, MN , 56387
  • Size SF3,500
  • Built/Renov2022
  • Price/SF$720
  • Lease Start11-15-2021
  • Rent/SF$45.92
  • Lease Type Double NN
  • Lot/AC0.50
  • Pop 5MI104,624

2,521,098

  • Cap Rate 6.38%
  • NOI $160,720
  • R. Term/Yrs 8.3
  • Guarantor Corporate
  • # Units 22
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Corporate Guarantee

  • ...
  • Tenant Chapter Aesthetic Studio
  • Guarantor Corporate
  • #Units 22
  • Stock Private

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