INVESTMENT OFFERING
SAB Capital is pleased to present 6230 South Ashland Avenue in Chicago, Illinois, 5 miles from the Chicago loop. The subject property contains 6 retail units totaling 9,900 square feet. The property sits on South Ashland Avenue which sees over 31,000 vehicles per day and boasts dense local demographics with 320,000 residents within a 5-mile radius.
- 6 Unit Strip Center in Chicago, IL | 5 Miles From Chicago Loop
- Opportunity to Add Additional Value through Lease-Up of Vacant Unit
- Core Urban Demographics | Over 320,000 Residents in 5 Mile Radius
- Strong Commitment From Current Tenant Roster | Both the Discount Store and Nail Salon Exercised First Option | Two Brand New Leases Executed
- High Traffic Location | S Ashland Avenue Sees Over 31,000 Vehicles Per Day
- Dense Retail Corridor With Strong Fundamentals | 1.1 Million Square Feet of Retail Within 1 Mile Boasting 2.6% Vacancy (Costar.com)
- National Retailers Located Nearby | Goodwill, Family Dollar, US Postal Service, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
6230 S Ashland Avenue | $800,000 | % | 9000 | Closed |