Citibank
4010 West 26th Street,
Chicago,
IL
60623
$1,965,000
| Status | Sold |
|---|---|
| Price | $1,965,000 |
| Cap Rate | 7.05% |
| NOI | $138,488 |
| Lease Type | Absolute NNN |
| Lease Term | 10 Years |
| Lease Start | March 2015 |
| Lease Expiration | March 2025 |
| Building Size | 7,830 SF |
| Lot Size | 5889 AC |
Overview
The property is located in Chicago’s Little Village neighborhood along the major east-west thoroughfare of 26th Avenue in a robust retail corridor. The branch is located near the bustling Pulaski Road intersection with a daily traffic count of 21,500 cars.
The property benefits from its location near several businesses and shopping centers, including national retailers CVS and Walgreens. The population and average household income within a 5-mile radius are more than 985,000 and $55,000, respectively.
