4110 W Peterson Ave - Retail FOR SALE
Chicago, IL 60646 |
$4,912,000 USD
866-889-0550
4110 W Peterson Ave
Chicago, IL 60646
HIGHLIGHTS
- Long Lease Term – 8-year lease with 2% rental increases every year including the two, 5-year options.
- Strong Guarantee – An 8-unit franchise that currently operates the location will continue to be the operator over the remaining lease term.
- The Learning Experience – The Learning Experience is one of the fastest- growing childcare franchises in the nation with over 450 locations open.
- Wealthy Suburb – According to Census data, Cook County had an average household income of $121,000 – up 7% from the year before.
- Chicago MSA – The property is less than 15 miles from downtown Chicago and less than 10 miles from Chicago O’Hare International Airport.
FOR SALE DETAILS
PRICE
$4,912,000 USD
PRICE/SF
$533 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
173
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,192 SF
ZONING
50
APN/PARCEL ID
13-03-228-022-0000,13-03-228-047-0000,13-03-228-048-0000
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866-889-0550
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866-889-0550
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