7508 S Lafayette Ave
Chicago, IL
Price:
$1367000
Cap Rate:
6.00%
NOI:
$81,984
Building Size:
Approx. 2515 Sq. Ft.
Lot Size:
Approx. 0.5 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2002
Investment Overview
- 2,515+/- SF Building on .50+/- Acre Site
- 15-Yr NNN lease w/ 10% Rent Bumps Every 5-Yrs
- Located along S Lafayette Ave (18K VDP) just W of I-94 (225K VPD)
- Near McDonalds, Walgreens, Shell, Aldi, Dunkin Donuts, Pizza Hut
- Local Attractions: Navy Pier, Millennium Park, Lincoln Park Zoo
- 3-Miles Estimated Pop: 330,621 | 2-Mile Avg. HH Income: $40,137
- Chicagoland (MSA) | 3rd Largest MSA in the U.S | Pop: 9,461,105