Price Upon Req.41,268 SF
Auction.com and Ascend Real Estate Advisors are pleased to offer for sale this leasehold located at 8900 S. Lafayette Street in Chicago, Illinois. Sistar Beauty leases the 41,268 square foot building through January 2026 at a current rent of $369,348, or $8.95 per square foot with 3% increase every two years. Sistar Beauty has two option periods of five years each. The owner is responsible for the current ground lease rent of $40,203, or $0.97 per square foot. The ground lease expires on January 31, 2016 with extension options in 60 month increments through January 31, 2051. The asset is located in the densely populated Chatham neighborhood of Chicago, IL in the retail corridor along Interstate 94.
Newly constructed build-to-suit in highly traveled corridor with many national retailers including McDonalds, Chase Bank, CVS, Aldi, Save-a-lot, AutoZone, Advanced Auto, and many more. Extremely dense location: 31,000 people in a 1-mile and 761,628 in a 5-mile radius.
The subject property is a free standing single tenant Advance Auto located in Chicago, IL. The property has an original 15 year NN corporate guaranteed lease with S&P investment grade rated BBB- (NYSE: AAP) Advance Auto. The lease has seven years remaining with a 5% increase in year 11 (2015) and two 5 year options with 5% increases during each period. Landlord is responsible for roof and structure only.
6,275 SF Free Standing Building for sale, with 50' of frontage on Broadway, with all equipment included. Current business is established and the owner will stay on to train the new ownership during transition. The building is zoned B1-2, and allow for a great development opportunity. Annual Gross Revenue is $180K.
Syndicated Equities is pleased to present an exclusive opportunity to acquire a single tenant Walgreens located in Chicago, Illinois. This Walgreens was constructed in 2004 and currently has 14+ years of term remaining. This is an absolute NNN lease with no landlord responsibilities. Walgreens is performing well above the national average at this location, reported sales in 2013 were approximately $4.7MM. This would give them a rent-to-sales ratio of approximately 3%. There are more than 1.2 million people within a 5-mile radius and high barriers to entry given the dense infill location.
ATTENTION OWNER / USER this rarely available mixed use Lincoln Park building can be the new home of your business. Current rent roll supports debt service, enabling owner/user to occupy 1st floor retail for little or no cost. Well maintained 6 unit- 1 retail space, 4 apartments (2- 2 beds, 2- 1beds), 1 full floor live work space. Well Maintained, Separately Metered, 3 Parking Spots, Signage Income, Two outside Spaces, Laundry on Site. 1st floor built out for pre-school. UP TO 10 YR OWNER FINANCING AVAILABLE. CALL NOW FOR A PRIVATE SHOWING.
Hot Lincoln Square---3 store retail strip on busy Lawrence ave, just down the block from new Ravenswood Metra Stop and Marianos Grocery---Lawrence street scape nearly complete-- 1 space leased and 2 vacant for new owners ---lot is approx 50' on Paulina x 100' ft on lawrence
Prime redevelopment site! Mixed-use vintage building with two storefronts and 6 residential units. Three stories. Ideal use for restaurant and rental income. PLEASE RESPECT BUSINESS PRIVACY.
6500sf building on approximately 9,555sf corner lot. Property currently used as automotive repair shop. Owner will vacate at closing. Most equipment included or owner will remove. The Property can accommodate other uses if desired.
Undisputed leader in fast, healthy food in the quick service restaurant industry. Easy-to-prepare tasty sandwiches & salads made-to-order using freshly baked breads, select sauces and a variety of toppings. Continues to introduce new opportunities to further increase sales: the resh fit breakfast & kids menu, expanded hot sandwiches and their new Flatizzas. Plus delicious & convenient catering w/giant subs, piled-high sandwich & cookie platters and boxed to-go meals, popular for sports gatherings, office meetings, birthday & holiday parties, field trips and more. Simple operation. Tuscan II Refresh next remodel not due till 2018. Freestanding building with drive-thru, its own parking lot & great signage. Easy access from 3 separate entrances. Ample parking. Three large building signs in addition to a huge pole sign can' t miss it. Prime retail space at a busy intersection of a major street on the southside of Chicago - good area. Surrounded by a vast commercial & residential area + ideally situated near several elementary schools & the high school. Open 24 hours! Leased space $3,948/mth incl rent, CAM, insurance & taxes. Current lease expires 2015 w/three 5-yr options