Fully Leased Retail /Office Commercial Condo For Sale
$350,000
2915 North Lincoln Avenue, Chicago, IL 60657
1,100 sqft
Building Size
2018
Year Built
Details:
Highlights:
- +5 years of a 7-year term remaining
- Personal Guaranteed Initial Term
- 2.5% Annual Escalations to the Gross.
- New Construction w/ High Ceilings + Radiant-heat
- All-glass floor-to-ceiling storefront
- Densely Populated Area
- Extremely High Household Incomes
- 12,400 VPD on Lincoln Avenue
- Walker's Paradise w/ Excellent Transit
Description:
Fully leased 1,100 SF Commercial Condo for Sale, with 5+ years of term left on the stabilized MG lease with 2.5% annual increases on the gross and a tax escalation clause. The tenant, Rooted Acupuncture Medicine, a multi-location operator, has personally guaranteed the initial lease term. The 1st floor, newer construction retail/office Condo in the Lakeview Neighborhood of Chicago, is steps from the Wellington and Diversey Brown/Purple line platform and features unsurpassed quality in design and buildout from veteran retail developers. Ideal backfill uses include retail, service retail, salons, offices, medical facilities, etc. Extremely High Household Incomes, Densely Populated Area, Incredibly High Visibility, Proximity to Theaters, Transportation, dining, and shops. Unsurpassed quality in design and buildout from veteran retail developers. This is a fantastic opportunity to own an income-producing asset and capitalize on the incredible revitalization of Lincoln Avenue, which has seen an explosion in new businesses and property development.
FOR SALE 1,100 sf newer construction Retail/Office space on
LINCOLN AVE. in LAKEVIEW. Steps from Wellington and
Diversey Brown/Purple line platforms. Be a part of the
incredible revitalization of Lincoln Avenue, which has seen
an explosion in new businesses and property development.
Ideal uses include retail, service retail, salon, office,
medical, etc. Extremely High Household Incomes, Densely
Populated Area, Incredibly High Visibility, Proximity to
Theaters, Transportation, Dining + Shops. Unsurpassed
quality in design and buildout from veteran retail developers.
200 AMPs
Documents:
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| Brochure.pdf |
Location
