Retail Space /IL /Cook County /Oak Park /11 N Harlem Ave
Retail Space /IL /Cook County /Oak Park /11 N Harlem Ave

11 N Harlem Ave - Fast Food FOR SALE


Oak Park, IL 60302 | 
$3,450,000 USD
630-317-0729
11 N Harlem Ave, Oak Park, IL for Sale
$3,450,000 USD
Fast Food - FOR SALE
1/4
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11 N Harlem Ave
Oak Park, IL 60302

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HIGHLIGHTS

  • Single tenant ground lease (no landlord responsibilities)
  • Multiple lease options through 2040
  • Corporate lease
  • Strong re-development potential
  • High traffic counts 34,800 VPD on Harlem Avenue & 13,500 VPD on Madison Street
  • MS Zoning (Madison Street Zoning District)

OVERVIEW

Ground lease secured by Wendy's Corporation since 1985.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$1,400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,966 SF

ZONING

MS

APN/PARCEL ID

16-07-321-016-0000,16-07-321-017-0000

ASK ABOUT THIS PROPERTY

Adam JohnsonNAI HiffmanMore Info
630-317-0729

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Adam JohnsonNAI HiffmanMore Info
630-317-0729

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