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TRANSIT ORIENTED SINGLE TENANT

Request for Offers | Determined by Market

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329 East 47th St
Chicago, Illinois

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TEN-X AUCTION: AUGUST 10-12, 2020 | CLICK HERE FOR AUCTION SITE

Stable, Single Tenant
– JJ Beauty Supply has Operated at this Location for the Last 11 Years
– Tenant is Paying a Modest Rental Rate with Personal Guarantee

New Lease
– Five-Year Lease Through September 30, 2025
– 1.5 Percent Rental Increases Every Two Years

Transit-Oriented
– Strategic Location | 100 Feet from CTA Red and Green Line Station

Situated at the Hard-Corner Intersection of 47th Street and Calumet Avenue
– 140 Feet of Frontage
– Over 15,000 Vehicles Passing per Day

Positioned Three Blocks From Interstate 90/94 (Dan Ryan Expressway) | 316,300 Vehicles Passing per Day

Strong Infill Location
– 250,000+ People Living Within One Mile of Subject Property
– Extremely High Daytime and Nighttime Foot Traffic | 86 Walk Score, a “Very Walkable” (Walkscore.com)

Notable Major Retailers in the Area Include Walmart Neighborhood Market, Dollar Tree, O’Reilly Auto Parts and Many More

 

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com

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