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1748 N Harlem Ave
Elmwood Park, IL 60707

$2,071,417 USD

Freestanding For Sale  •  6,641 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,420 SF
  • Lot Size 0.37 AC
  • Building Class B
  • Year Built 1994
  • Cap Rate 6.00 %
  • Tenancy Single
56 Transit Score
82 Walk Score

Highlights

30+ Year Operating History as Pet Supplies Plus w/ 8.5+ Years of Term Remaining
Corporate Guarantee (PSP Stores, LLC) - 750+ Stores and $2,000,000,000 in Annual Revenue
(2) Base Term Increases: Rent to increase to $136,715 in 10/2027 and to $150,385 in 10/2031
High Barriers to Entry Market- Elmwood Park has an Extremely Limited Supply of Retail Assets Available for Sale or Lease

Property Flyers

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Pet Supplies Plus 7,420 SF 11/1/2034

Public Transportation

Commuter RailDriveWalkDistance
Mont Clare Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 19 min 1.0 mi
Mars Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.1 mi
AirportDriveWalkDistance
Chicago O'Hare International 37 min - 11.3 mi
Chicago Midway International 26 min - 12.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Ray Shammamie 248-709-3135 Summit Net Lease
Ray Shammamie 248-709-3135 Summit Net Lease