Investment Highlights
Prime Lincoln Park Location
Internet Proof Retail
Adjacent to CTA Diversey "L" Stop
Executive Summary
CALL for OFFERS Please Submit Offers to Nick Stellas at NSTELLAS@HansenRealty.comPlease reach out to NSTELLAS@HansenRealty.com for more information and OMInvest in an internet proof A+ retail location in Lincoln Park, Chicago?an opportunity typically reserved for institutional buyers. With this investment, private groups gain rare access to a high-performing trophy asset in a prime, developable location in one of the most desired neighborhoods. This property will be a long 25+ year hold for the next investor.Rarely Available Lincoln Park Trophy Multi-tenant retail site with high foot traffic adjacent to train line.Fully stabilized with 7-Eleven anchor tenant since 1989, this NNN multi-tenant retail building is situated at the corner of Diversey and Sheffield.Historically boasting very low vacancy over the 30+ years with current ownership. Adjacent to the Diversey Station CTA "L" Red/Purple/Brown lines with 250,000+ riders annually.Its strategic location near Lincoln Park, Lakeview, Wrigley Field, DePaul University, Lincoln Park Zoo, restaurants, nightlife, and interstates makes it a valuable trophy asset for any investor.Investment Highlights:?NNN Multi-Tenant Retail location on a high-visibility corner?Internet-Proof Retail Asset?Historically low vacancy over 30+ years?Desirable Location: Prime Chicago Corner on major intersection (Sheffield and Diversey with 25,000 VPD)?Directly adjacent to the Diversey ?L? Stop, CTA Brown/Purple/Red Lines (250,000 + riders per year at that station)?Stable Asset with rent growth opportunity. Anchor Tenant (7-Eleven)?Long Term Retailers: More than half of tenants have been here longer than 15+ Years
