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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)
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
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
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 |
Walk Score®
Very Walkable (88)
Nearby Major Retailers
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
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INVESTMENT PROPERTY - 15 YEAR NNN LEASE | 2946 N Central Ave
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