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INVESTMENT PROPERTY - 15 YEAR NNN LEASE | 2946 N Central Ave
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INVESTMENT PROPERTY - 15 YEAR NNN LEASE 2946 N Central Ave
7,010 SF Retail Building Chicago, IL 60634 £2,139,335 (£305/SF)
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INVESTMENT HIGHLIGHTS
- Hard Corner lot at Signalized Intersection.
- Upgraded Electrical Service.
- 30+ Space Parking Lot.
EXECUTIVE SUMMARY
Net Leased Investment Property 7010 Sq. Ft. property with building and parking lot Fully Execute 15-year NNN lease with Texas based SpinXpress Laundry Highly successful Texas based company with over 20 locations Minimal Landlord responsibilities Strong Guaranty Fully Rehabbed in 2023-2024
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,010 SF
Building Class
B
Year Built/Renovated
2005/2025
Price
£2,139,335
Price Per SF
£305
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.57 AC
Zoning
B3-2 - Community Shopping District.
Parking
28 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Route
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalised Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Spinxpress
- Service type
- 7,010 SF
- -
- NNN
- Dec 2039
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Spinxpress | Service type | 7,010 SF | - | NNN | Dec 2039 |
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 13-29-223-042-0000 | Improvements Assessment | £57,877 |
Land Assessment | £122,654 | Total Assessment | £180,531 |
PROPERTY TAXES
Parcel Number
13-29-223-042-0000
Land Assessment
£122,654
Improvements Assessment
£57,877
Total Assessment
£180,531
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INVESTMENT PROPERTY - 15 YEAR NNN LEASE | 2946 N Central Ave
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