auction flyer 6 w 59th st - loopnet...for more information please contact: danny gubin...
TRANSCRIPT
FRIEDMAN REAL ESTATE 700 N GREEN STREET, SUITE 304 CHICAGO, IL 60642 WWW.FRIEDMANREALESTATE.COM
F O R M O R E I N F O R M AT I O N P L E A S E CO N TAC T:
eCeCODEODE 109109312.312.7728.28.17170000
DDANNY GUBINANNY [email protected]
I N V E SI N V E ST M E N T H I G H L I G H TT M E N T H I G H L I G H TS :S :
• 5 years lease term remaining | Two 10-year options |
Absolute NNN Ground Lease
• Located in an Opportunity Zone NOI of ±$37,507 in 2020 |
1.5% annual rental increases
• Strong performing location with drive-thru | Sales ±25%
above Church’s AUV and sub-4% tent-to-sales ratio
• Franchisee renewed operating agreement in 2018
• High visibility | Located at the signalized, hard corner
intersection of W 59th and S State Street
• Densely populated | Over 331,000 residents in a 3-mile
radius
• AsAsset will be sold aset will be sold at auction thrt auction through Tough Ten-X.en-X.ccom onom on
January 29January 29, 20, 202020
The information provided herein along with any attachment(s) was obtained from sources believed to be reliable, however, Friedman RealEstate makes no guarantees, warranties, or representations as to the completeness or accuracy of such information and legal counsel isadvised. All information provided is subject to verification and no liability for reliance on such information or errors or omissions isassumed. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease, orwithdrawal without notice. Copyright © 2019 Friedman Real Estate. All rights reserved.
AAU C T I O N DU C T I O N DAAT E JT E JA N UA N UA RA RY 2Y 2 77- 2 9- 2 9 , 2 0, 2 0 2 0 | A2 0 | AU C T I O N S I T E :U C T I O N S I T E : WW WW WW. F R I E D M A N A. F R I E D M A N AU C T I O N .U C T I O N .CCO M / 6 - 5O M / 6 - 5 9 T H - S9 T H - STT
AAUCTION SUCTION SALEALEN N N C H U R C H ' S C H I C K E N6 W 5 9 T H S T R E E TC H I C AG O, I L 6 0 6 2 1
F O R M O R E I N F O R M AT I O N P L E A S E CO N TAC T:
DDANNY GUBINANNY GUBIN [email protected]
eCeCODEODE 109109
FRIEDMAN REAL ESTATE 700 N GREEN STREET, SUITE 304 CHICAGO, IL 60642 WWW.FRIEDMANREALESTATE.COM
1 MILE1 MILE 2 MILES2 MILES 3 MILES3 MILES
Total Households 8,598 47,176 114,863
Total Population 23,887 125,748 297,542
Average HH Income $31,622 $41,335 $47,182
DEMOGRAPHICSDEMOGRAPHICS
INTERSECTIONINTERSECTION CARS PER DCARS PER DAAYY
S State St. and W 60th 21,580
W 59th St. and S Perry Ave 10,252
TRAFFIC CTRAFFIC COUNTOUNTSS
AAUCTION SUCTION SALEALEN N N C H U R C H ' S C H I C K E N6 W 5 9 T H S T R E E TC H I C AG O, I L 6 0 6 2 1
F O R M O R E I N F O R M AT I O N P L E A S E CO N TAC T:
DDANNY GUBINANNY GUBIN [email protected]
eCeCODEODE 109109
FRIEDMAN REAL ESTATE 700 N GREEN STREET, SUITE 304 CHICAGO, IL 60642 WWW.FRIEDMANREALESTATE.COM
AAUCTION SUCTION SALEALEN N N C H U R C H ' S C H I C K E N6 W 5 9 T H S T R E E TC H I C AG O, I L 6 0 6 2 1