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5023 - 5030 W Armitage Avenue - Grand Armitage Triangle Shops, Chicago, IL

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5023 - 5030 W Armitage Avenue - Grand Armitage Triangle Shops

Chicago, IL 60639 - Northwest City Submarket


Property Type:Retail Sub Type:Storefront Status:Existing , Renov 2007 Year Built:1936
Building Size:7,073 SF Land Area:.75 AC (32,670 SF)
% Leased:
For Sale Price:$739,000 Price/SF:$104.48
Cap Rate:5.00 %
Smallest Space:1,100 SF Largest Space:1,167 SF Total Space Avail:2,267 SF Rent/SF/Yr:
$18.00
Parking:Free Surface spaces are available; Ratio of 3.59/1,000 SF
Features:Bus Line, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,100 SF
$18.00/SF/Yr
Vacant
Negotiable
Retail
 1st
1,167 SF
$18.00/SF/Yr
Vacant
Negotiable
Retail
 
9474229
9474231


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,100 SF
$18.00/SF/Yr
Vacant
Negotiable
Retail
1st
1,167 SF
$18.00/SF/Yr
Vacant
Negotiable
Retail
Opportunity to lease up to 2,267 SF of end cap retail space on the Northwest side. Center is situated at the intersection of Armitage Ave. and Grand Ave. Very dense, northwest side strip center with over 25,000 VPD. Co-tenant include Dunkin Donuts, Subway, Cricket, Hair Salon, Staffing Agency, and Resale shop. End Cap features approx. 75' of frontage along Grand Ave. Site also features two pylons for increased name recognition and visibility.

Highlights
End cap retail space with over 75' of frontage along Grand Ave.
Two, tall pylons in sight ensure easy clean visibility to dense market.
Ingress/Egress from both Armitage Ave. & Grand Ave.
Join Dunkin Donuts, Subway, Cricket and more.
Grand Ave. has 16,600 VPD & Armitage Ave. has 10,400 VPD.

Sale Notes:
7,073 square foot, multi-tenant retail center for sale in the Belmont Craigan neighborhood on Chicago's west side. The center is well located along the south side of Armitage Avenue, just east of the intersection at Grand and Armitage Avenues. The property sits adjacent to Dunkin Donuts to the west.

The center is currently 83% occupied bya strong mix of tenants including Cricket Wireless, Sharp Staff, and Glorious Hair Salon. Rare opportunity to purchase a multi-tenant strip center with parking on-site in a densely populated location within the City of Chicago
Located at the busy intersection of Grand Avenue & Armitage Avenue on Chicago's west side. The property sits adjacent to a freestanding Dunkin Donuts.

-Parking for approximately 15 vehicles on-site.
-Extremely well located along Armitage Avenue in close proximity to a strong base of national retailers
-Strong frontage along both Armitage Avenue and Grand Avenue provides for excellent visibility and exposure Monument signage along Armitage Avenue

Frontline Real Estate Partners
Andrew Rubin
(224) 628-4005


Frontline Real Estate Partners
Matt Tarshis
(847) 542-9058



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