4110 W Peterson Ave
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4110 W Peterson Ave
9,212 SF Retail Building Chicago, IL 60646 $6,908,237 CAD ($750 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Long Lease Term – 8-year lease with 2% rental increases every year including the two, 5-year options.
- The Learning Experience – The Learning Experience is one of the fastest- growing childcare franchises in the nation with over 450 locations open.
- Chicago MSA – The property is less than 15 miles from downtown Chicago and less than 10 miles from Chicago O’Hare International Airport.
- Strong Guarantee – An 8-unit franchise that currently operates the location will continue to be the operator over the remaining lease term.
- Wealthy Suburb – According to Census data, Cook County had an average household income of $121,000 – up 7% from the year before.
Executive Summary
Broker of Record
Matthew M. Fitzgerald
License No. 471021676 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Matthew M. Fitzgerald
License No. 471021676 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
9,212 SF
Building Class
C
Year Built/Renovated
1978/2014
Price
$6,908,237 CAD
Price Per SF
$750 CAD
Cap Rate
7.50%
NOI
$518,118 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
1.29 AC
Zoning
50
Parking
173 Spaces (18.78 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $44,717 CAD | |
Land Assessment | $319,676 CAD | Total Assessment | $364,394 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$319,676 CAD
Improvements Assessment
$44,717 CAD
Total Assessment
$364,394 CAD
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4110 W Peterson Ave
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