3696 South Archer Avenue
Chicago, IL
Price:
$1306000
Cap Rate:
6.00%
NOI:
$78,334
Building Size:
Approx. 1948 Sq. Ft.
Lot Size:
Approx. 0.27 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
1983
Investment Overview
- 1,948+/- SF Building on .27+/- Acre Site
- 15-Yr NNN lease w/ 10% Rent Bumps Every 5-Yrs
- Located along S Archer Ave (25K VPD) & S Western Blvd (30K VPD)
- Near Burger King, Walgreens, McDonalds, LA Fitness, Dunkin Donuts
- Local Attractions: Navy Pier, Millennium Park, Lincoln Park Zoo
- 3-Miles Estimated Pop: 381,251 | 3-Mile Avg. HH Income: $46,674
- Chicagoland (MSA) | 3rd Largest MSA in the U.S | Pop: 9,461,105