10259 S Harlem Ave | Chicago Ridge, IL 60415
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10259 S Harlem Ave
Chicago Ridge, IL 60415
Chicago Ridge Starbucks · Retail Property For Sale
Investment Highlights
- Great Corner Location of US-43 (South Harlem Avenue) and 103rd Street.
- Building was constructed in 2019 and features a drive-thru.
- Easy Access with plentiful parking.
- In close proximity to other retailers, including Pete's Fresh Market Grocery.
- Average Household income of $65k+ within a 5-mile radius.
Executive Summary
This Starbucks location features a rentable area of 2,400 square feet on 0.5 acres of land. There is a lease term of 7 years with (4) five-year options. Great corner location with easy access to the parking lot and a drive-thru.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,400 SF
Building Class
B
Year Built
2019
Price
$2,670,000
Price Per SF
$1,113
Cap Rate
4.49%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC
Zoning
C-1
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
144 FT on South Harlem Avenue
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $142,998 | |
| Land Assessment | $82,616 | Total Assessment | $225,614 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$82,616
Improvements Assessment
$142,998
Total Assessment
$225,614
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