Top Plaza
16,209 SF | 100% Leased | Retail Building | Chicago, IL 60630 | $2,395,000 ($148/SF) | 7.46% Cap Rate
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,395,000
- Property Type
-
Retail
- Square Feet
- 16,209 SF
- Price / Square Foot
- $148
Listing Contacts
Dan Tilsner
Verified Profile
- Property Info
Property Overview
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Top Plaza located at 4916-4926 N Pulaski Road in Chicago, Illinois (the “Property”). The Property consists of a fully occupied, three-tenant retail center with 16,209 square feet of space on a 0.58-acre parcel. Top Plaza is anchored by Dollar Tree and is also occupied by a clothing store and Top Coin Laundry. Dollar Tree features a corporate, double-net lease with over 4 years of term remaining. All three tenants have attractive rental increases throughout their lease terms. Top Plaza is situated in a dense urban-infill location along N Pulaski Road. The Property benefits from excellent visibility with frontage and prominent signage in Chicago’s Albany Park neighborhood. The Property is in close proximity to an extensive array of national retailers and restaurants, as well as popular local businesses that drive traffic to the area. The location offers convenient access to both public transportation and major area highways, with Interstates 90 and 94 just 1 mile from the Property.
Property Details
- Class
- C
- Year Built
- 1989
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 25,265 SF
Highlights
- Investment Grade Credit
- Site Commitment
- Attractive Rent Increases
- Strategic Retail Location
- Strong Demographics
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