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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 ($383.74/SF)

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

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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/Renovated
2005/2025
Price
$2,690,000
Price Per SF
$383.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.57 AC
Zoning
B3-2 - Community Shopping District.
Parking
28 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
134’ on W Wellington 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
1 1
Walk Score®
Very Walkable (88)
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NEARBY MAJOR RETAILERS

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

PROPERTY TAXES

Parcel Number 13-29-223-042-0000 Improvements Assessment $72,775
Land Assessment $154,225 Total Assessment $227,000

PROPERTY TAXES

Parcel Number
13-29-223-042-0000
Land Assessment
$154,225
Improvements Assessment
$72,775
Total Assessment
$227,000
(312) 337-0200

Still interested?

Contact the brokers for more information about this property

CONTACTS

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

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INVESTMENT PROPERTY - 15 YEAR NNN LEASE | 2946 N Central Ave
(312) 337-0200 x

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

Ian Feinerman
(312) 337-0200

Michael Weber
(312) 953-2193

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