133-147 S Western Ave
Chicago, IL 60612
Retail Property For Sale

Michael Kaider of CBRE's Net Lease Property Group is pleased to exclusively present the opportunity to acquire a 100% fee simple interest in an absolute NNN Wendy' s ground lease located in Chicago, Illinois. Chicago is one of the most dynamic markets in the nation with a population near 9.65 million. The brand-new prototype store has an original term of 15 years, strong rental increases, and three 5-year options to extend. The Property is highly visible at the northeast corner of Western Avenue and Adams Street, only three miles west of Chicago' s CBD and just north from a full access interchange at Interstate 290 (Eisenhower Expressway). Traffic counts near the site are exceptional, exceeding 26,750 VPD at Western/Adams intersection and 218,600 VDP on Interstate 290. Residents also enjoy numerous public transportation options with the Chicago Transit Authority (CTA) train and bus stops within a short walking distance from the Property. The Property is located in the West Town neighborhood of Chicago and ideally located less than one mile west of the United Center the largest sports and entertainment arena in the United States and home of the Chicago Blackhawks and Chicago Bulls. The United Center creates an outstanding draw to the area and visitors heading to and from the arena will drive directly by Wendy' s.