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INVESTMENT PROPERTY - 15 YEAR NNN LEASE 2946 N Central Ave

7,010 SF Retail Building Chicago, IL 60634 $2,690,000 ($384/SF)

Retail Buildings Illinois Chicago 2946 N Central Ave, Chicago, IL 60634

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

Attachments

2946NCentralAve_Feinerman

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,010 SF
Building Class
B
Year Built
2005
Price
$2,690,000
Price Per SF
$384
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Land Acres
0.57 AC
Zoning
B3-2
Parking
28 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
99 FT on N Central Ave

Amenities

  • 24 Hour Access
  • Bus Line
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Spinxpress
  • Services
  • 7,010 SF
  • -
  • Triple Net
  • Dec 2039
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Spinxpress Services 7,010 SF - Triple Net Dec 2039
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Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

ALDI
PNC Bank
Chase Bank
XSport Fitness
U.S. Bank
Cermak Fresh Market
Citi
Bank of America
Buffalo Wild Wings
Fifth Third Bank

PROPERTY TAXES

Parcel Number 13-29-223-042-0000 Improvements Assessment $105,837
Land Assessment $111,042 Total Assessment $216,879

PROPERTY TAXES

Parcel Number
13-29-223-042-0000
Land Assessment
$111,042
Improvements Assessment
$105,837
Total Assessment
$216,879
(773) 802-2543

  • Listing ID: 26712899

  • Date on Market: 9/26/2022

  • Last Updated:

  • Address: 2946 N Central Ave, Chicago, IL 60634

More public record information on 2946 N Central Ave, Chicago, IL 60634

The Retail Property at 2946 N Central Ave, Chicago, IL 60634 is currently available For Sale. Contact @properties Commercial for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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INVESTMENT PROPERTY - 15 YEAR NNN LEASE | 2946 N Central Ave
(773) 802-2543 x

INVESTMENT PROPERTY - 15 YEAR NNN LEASE | 2946 N Central Ave

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Ian Feinerman

(773) 802-2543

(773) 802-2543

Michael Weber

(312) 953-2193

(312) 953-2193

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