6600 S Cottage Grove
Retail | 9,800 SqFt
Marketing description
9,800 SF freestanding retail building located at of the SWC of the signalized intersection at Cottage Grove Avenue and Marquette Road (~20,000 VPD) in Chicago. The Property is 100% leased by the YWCA with lease term until October 2027. At the existing 100% occupancy rate, the Property produces a NOI of approximately $89,282. The single-tenant building features a unique "L-shaped" layout, with potential to be demised into smaller units. The property includes parking on site and is conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange. Neighboring retailers include Aldi (directly across the street), Jewel-Osco, Family Dollar, AutoZone, Chipotle, McDonalds, Wendy's, and Subway, among many others.
6600 S. Cottage Grove Avenue is a 9,800 SF freestanding retail building located at 6600 S. Cottage Grove Avenue along the signalized intersection of S. Cottage Grove Avenue and Marquette Avenue (~20,000 VPD). The Property is well located in a densely populated area with over 128,000 people within three (3) miles. The property is conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange. Their are also a number of public transportation options in close proximity; the King Drive "L-station" (Green Line) is a half-mile northwest and the 63rd Street Metra station is just under one (1) mile northeast from the Property. The building is surrounded by various retailers, restaurants and other service oriented businesses including: Aldi, Jewel-Osco, Family Dollar, AutoZone, Chipotle, McDonalds, Wendy's, Subway, among many others.
Investment highlights
- Excellent opportunity for an investor or owner/user to acquire a property a few blocks away from Jackson Park
- 100% occupied by YMCA and produces an NOI of approximately $89,282
- Flexible "L-shaped" layout provides potential to build a multiple-tenant retail center
- Large onsite parking lot
- Conveniently located one (1) mile east of the Interstate-90 (1-90) and Interstate-94 (1-94) interchange
- Sale Price: Subject To Offer
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