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Historical Retail Sale Listing - 22nd & Pukaski

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22nd & Pukaski

3932-56 Cermak Road, Chicago, IL 60623

22nd & Pukaski
  • N/A
  • 14,303 SF
  • Retail
  • Strip Center
  • Net Lease Investment with 10+ years left on lease
  • 100%
  • 1
  • Multiple
  • 2006
  • 31,223 SF
Last Verified  8/24/2009 Listing ID  15863631

Highlights

  • Great tenant mix
  • 100 % fully occupied
  • All NNN lease with annual rent increase
  • Long term leases
  • Newer construction

Description

Opportunity knocks !! Extremely rare opportunity to be the owner of a 100% occupied Retail Center and a high volume of Coin Laundry Business.

1. Retail Center:
- The property enjoys high traffic, easy access, and high visibility
- 100% fully occupied center with great tenant mix
- Newer construction built in late 2006
- All NNN leases with annual rent increases.
- All tenants are doing a high volume of business and owned businesses in multiple locations.
- Offering at 7.2 CAP rate

2. Laundromat:
- This is a money maker !!
- All new State-Of- The- Art Build-Out in outstanding Turn-Key operation.
- The business has low overhead expenses which makes it very desirable for investors and even more so for owner operators.
- Potential to do more in adding soap sales.
- Offering at 26% ROI
- Please do NOT stop by Laundromat without calling L.A.
- All records available upon pre-qualified buyer and written contract.

PLEASE DO NOT DISTURB TENANTS AND EMPLOYEES. ALL SHOWINGS ARE BY APPOINTMENT ONLY. CALL L.A. FOR DETAILS.

Cermak and Pulaski

Map of 3932-56 Cermak Road, Chicago, IL 60623 (Cook County)

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Created 8/22/2008

Additional Information for 3932 W Cermak Road, Chicago, IL 60623

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TB-BSO