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6440-6444 W Diversey Ave

Chicago , Illinois 60707

Listing Type:
For Sale
Listing Price:
$1,395,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1959
Listing Status:
Active
Building Size:
4680 SqFt
Land Area:
0.39 Acres

Description:

KW Commercial & Lord Companies are pleased to present this 4,680 SF 7-Eleven anchored retail center on 16,966 SF corner lot. The offering has excellent frontage with approximately 130 FT along Diversey Ave. & 126 Ft along N. Nagle Ave.
The Center consists of two tenants: 7-Eleven and Magnum Insurance Inc. 7-Eleven is an International credit tenant and is on a NNN lease thru 2026 with (2) 5yr options. This 7-Eleven location has a full liquor license! Magnum Insurance Inc. has serviced the Chicago area for over 35 years. They are on a lease thru February 2024 with (2) 3-year options.
This offering features approximately 23 on-site parking spaces, 1 point of ingress & egress along Diversey and a monument sign at the corner of Diversey & Nagle Ave.
This property will attract an investor looking for a fully leased Center with a strong International Credit Tenant 7-Eleven & Corporate Tenant Magnum Insurance Inc., with minimal management requirements & well-trafficked area at an excellent cap rate of 7.6%.
- APPROX 4,680 SF FREESTANDING RETAIL BUILDING ON 16,966 SF CORNER LOT.
-ANCHORED BY CREDIT TENANTS: 7-ELEVEN & MAGNUM INSURANCE INC.!!!
- IT IS DIRECTLY ACROSS THE STREET FROM THE BRICKYARD (487,000 SF SHOPPING CENTER) WITH TENANTS INCLUDING TARGET, LOWE'S, PIER ONE IMPORTS, MARSHALLS, HOME DEPOT, ETC...
- GREAT CAR TRAFFIC COUNTS WITH OVER 18,000 CARS PER DAY ALONG W. DIVERSEY AVE.
- EXCELLENT DEMOGRAPHICS: OVER 45,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 350,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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