Wendy’s

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Wendy’s

7601 S Cicero Ave Chicago IL Cook County

Sales Price: $1,500,000

Cap Rate: 6.00%

Lease Expiration: 1/31/2028

Contact Person(s): Daniel Kukes
Kevin Baker
Maxwell Lippitt
Jason Greenspan

Description:

RECENT INVESTMENT BY TENANT
In 2018, the tenant used their own funds to renovate parts of the interior and exterior of the building upon signing a new lease renewal.

LONG TERM, ABSOLUTE NNN LEASE WITH NO LANDLORD OBLIGATION

DENSE INFILL LOCATION
The subject property sits in the middle of a strong retail corridor as an outparcel to the Ford City Mall (666,295 SF).

STORE SALES AVAILABLE UPON REQUEST

Building Size: 2,828 SF

Lot Size: .07 AC

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 15,430 229,071 619,168
Avg. HH Income: $79,194 $73,353 $69,653
Daytime Population: 15,354 69,221 165,986

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.