4751 S Central Ave - Freestanding FOR SALE
Chicago, IL 60638 |
4751 S Central Ave
Chicago, IL 60638
HIGHLIGHTS
- 15 Year Starbucks Featuring a 15% Rental Increase in 2034 and 10% at Options 2 - 4. Brand New 2024 High Quality Construction w/ Drive-Thru.
- Positioned Along Area’s Traffic and Industrial Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 31k Vehicles.
- Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 B.
- Extremely Dense and Affluent Area with over 647k People Residing in a 5-Mile Radius & an Average Household Income of $80k+ w/in a 1-Mile Radius.
- Strong Daytime Employment Area - Across FedEx Freight Distribution Center & Surrounded by Numerous Established Distribution Centers, Industrial etc
- The Site Benefits from its Close Proximity to Downtown Chicago - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
STARBUCKS W/ DRIVE-THRU | INFILL CHICAGO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
2231
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
19-09-100-007-0000
