Ashland Wellington Plaza
2862-2924 North Ashland Avenue, Chicago, IL, 60657, US
1,856 m²
Description
7-Eleven sits on Chicago's North Side, 5 miles northwest of downtown, in one of the city's most established residential neighborhoods. 7-Eleven is positioned at the signalized five-way intersection of Belmont Avenue, Clybourn Avenue, and Western Avenue, which sees a combined 56,000 vehicles per day. The Kennedy Expressway (I-90) is adjacent, carrying another 325,000 vehicles per day.
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Attributes
Asking price
₹307,460,000
Cap rate
5.5%
NOI
₹16,908,000
WAULT
8.8 years
Building area net
281 m²
Year built
2020
Land area gross
0.21 ha
Media
Investment Highlights
- Bonus depreciation eligible (check with your CPA)
- Worlds largest convenience store chain with investment grade 'A' credit rating
- Strategic location at 5-way intersection with 56,000+ VPD
- Infill Chicago location with high barriers to entry
- Minimal landlord responsibilities
- Population within a 3-mile radius, expands to 1.3M at 5-mile radius
- Adjacent to I-90 with an additional 325,000+ VPD
Contact brokers
7-Eleven - Chicago, IL (0 Properties)
