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4501 W North Ave
Chicago, IL 60639
Retail Property For Sale
PROPERTY FACTS
ABOUT 4501 W NORTH AVE , CHICAGO, IL 60639
Positioned along one of Chicago’s primary east-west thoroughfares, the property is an urban infill investment opportunity with intrinsic real estate value, contractual rent growth, no landlord obligations, over 24 years of remaining term and four, five-year options to renew. The asset features a 2018 build-to-suit construction for Taco Bell and a lease guarantee from Bell Great Lakes, LLC. The guarantor is an operating entity associated with the Flynn Restaurant Group, which operates 875+ restaurants nationally. This offering represents the opportunity to purchase a bond-like real estate investment with credit strength, modern construction, and location within the urban infill of the Chicago MSA. -Rare 25 Year Ground Lease -10% Increases Every 5 Years -Brand New Prototype Store -Operator Associated with Leading Restaurant Franchisee -Outparcel to Menard’s Home Improvement
