1600 West Marquette Road
Chicago, IL
Price:
$866000
Cap Rate:
6.50%
NOI:
$56,295
Building Size:
Approx. 3575 Sq. Ft.
Lot Size:
Approx. 0.41 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2004
Investment Overview
- 3,575+/- SF Building on .41+/- Acre Site
- 15-Yr NNN lease w/ 10% Rent Bumps Every 5-Yrs
- Located along W Marquette Rd (15K VPD), E of I-94 (299K VPD)
- Near Citgo, Bank of America, Subway, Chase, Ford, Chevrolet
- Local Attractions: Navy Pier, Millennium Park, Lincoln Park Zoo
- 3-Miles Estimated Pop: 370,948 | 3-Mile Avg. HH Income: $43,796
- Chicagoland (MSA) | 3rd Largest MSA in the U.S | Pop: 9,461,105