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INFILL GROCERY ANCHORED CENTER

$11,000,000 | 7.00%

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4800-4830 West Diversey Avenue
Chicago, Illinois 60639

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Features

  • 100% Occupied Grocery Anchored Shopping Center
    • Centro Fresh Market has Over 11 Years Remaining on their Primary Lease Term
    • Annual 1.5% Rental Increases in Base Term and Option Periods
  • Stable Tenant Roster | Long-Term Leases in Place
    • Exceptional Weighted Average Lease Term (WALT) of 8.7 Years
    • Substantial Dollars Invested by Tenants for the Build-Out of their Spaces
    • All Tenants Operate on Net Leases and Feature Scheduled Rent Increases
  • Fundamentally Strong Real Estate
    • Hard-Corner, Stoplight Intersection with Excellent Visibility
    • High Traffic Counts Exceeding 47,400 Vehicles Per Day on Cicero and Diversey Avenue
    • Oversized Digital Pylon Sign at the Hard Corner | Angled for Maximum Visibility
  • Infill Location with Many Surrounding Drivers
    • Staggering Population of Almost 500,000 People Within a Three-Mile Radius

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com
* Broker of Record: Steven Weinstock

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