6705 S Halsted St - Fast Food FOR SALE


Chicago, IL 60621- Englewood
$1,058,142 USD
917-697-3215
6705 S Halsted St, Chicago, IL for Sale
$1,058,142 USD
Fast Food - FOR SALE
1/3
null | 7% Cap Rate

6705 S Halsted St
Chicago, IL 60621
Englewood


HIGHLIGHTS

  • 15-Year Triple Net Lease
  • Scheduled Rent Increases
  • National QSR Brand
  • Drive - Thru Restaurant Format

OVERVIEW

Surmount is pleased to present the exclusive listing for a Checkers located at 6705 South Halsted Street, Chicago, IL 60621. The site consists of roughly 1,900 rentable square feet of building space on an estimated .35-acre parcel of land. Checkers is subject to a 15-year ground (NNN) lease, which commenced 04/7/2014. The current annual rent is $74,070 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,058,142 USD

PRICE/SF

$598 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Checkers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

B1-2

APN/PARCEL ID

20-21-300-045-0000

ASK ABOUT THIS PROPERTY

Anthony BirdSurmountMore Info
917-697-3215

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Anthony BirdSurmountMore Info
917-697-3215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.