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Restaurant

Burger King | High Density Neighboorhood

4125 N Milwaukee Ave, Chicago, IL 60641

Listing Price: $1,070,599

Cap Rate
7.47%
Tenant Name
Burger King
Years Remaining On Lease
4.1
Gross SF
2,543
Guarantor
Franchisee Guarantee
Rentable SF
2,543
Price/Gross SF
$421.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.44

Investment Overview

Located in a highly desirable location, the triple net leased Burger King has been occupying the space since 1966, showcasing its strong commitment to the site. With Burger King bearing all responsibilities, the landlord enjoys a hassle-free arrangement. Additionally, there's potential for a covered land play opportunity.

The property boasts a substantial lot in a bustling area near a six-corner intersection, ensuring maximum visibility and accessibility. Featuring 222 feet of frontage along Milwaukee Avenue with over 13,600 vehicles daily, its proximity to major interchanges further enhances its accessibility, with Interstate 90 and Interstate 94 interchanges nearby.

The surrounding area is teeming with retail activity and new developments. Close proximity to recently completed projects like the Six Corners Lofts and Marketplace at Six Corners, anchored by Target and Jewel-Osco. Notable retailers like Walgreens, Chipotle, Ross Dress for Less, dd’s Discounts, Midwest Express Clinic, Binny’s Beverage Depot and others add to the diverse retail landscape.

Moreover, the neighborhood boasts a high population density with favorable demographics. With over 436,000 residents and 310,000 employees within three miles, coupled with an impressive average household income of $101,716 within a mile radius, the property presents a compelling investment opportunity. And situated just 9.6 miles from Downtown Chicago, it enjoys the benefits of being part of a major metropolitan area.

Investment Highlights

  • Triple Net Leased Burger King | Occupancy Since 1966 | Absolutely No Landlord Responsibilities
  • Possible Covered Land Play Opportunity
  • Large Lot Situated in an Extremely Heavily Traveled Area | Near Six-Corner Intersection
  • 222 Feet of Frontage Along Milwaukee Avenue | 13,600 Vehicles per Day
  • Surrounded by an Abundance of Retailers and New Retail and Multi-Family Developments
  • Average Household Income of $101,716 Within One Mile | 436,437 People Live Within Three Miles

Exclusively Listed By

Financing By

Restaurant

Burger King | High Density Neighboorhood

Listing Price: $1,070,599

Cap Rate
7.47%
Tenant Name
Burger King
Years Remaining On Lease
4.1
Gross SF
2,543
Guarantor
Franchisee Guarantee
Rentable SF
2,543
Price/Gross SF
$421.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.44

Investment Highlights

  • Triple Net Leased Burger King | Occupancy Since 1966 | Absolutely No Landlord Responsibilities
  • Possible Covered Land Play Opportunity
  • Large Lot Situated in an Extremely Heavily Traveled Area | Near Six-Corner Intersection
  • 222 Feet of Frontage Along Milwaukee Avenue | 13,600 Vehicles per Day
  • Surrounded by an Abundance of Retailers and New Retail and Multi-Family Developments
  • Average Household Income of $101,716 Within One Mile | 436,437 People Live Within Three Miles

Investment Overview

Located in a highly desirable location, the triple net leased Burger King has been occupying the space since 1966, showcasing its strong commitment to the site. With Burger King bearing all responsibilities, the landlord enjoys a hassle-free arrangement. Additionally, there's potential for a covered land play opportunity. The property boasts a substantial lot in a bustling area near a six-corner intersection, ensuring maximum visibility and accessibility. Featuring 222 feet of frontage along Milwaukee Avenue with over 13,600 vehicles daily, its proximity to major interchanges further enhances its accessibility, with Interstate 90 and Interstate 94 interchanges nearby. The surrounding area is teeming with retail activity and new developments. Close proximity to recently completed projects like the Six Corners Lofts and Marketplace at Six Corners, anchored by Target and Jewel-Osco. Notable retailers like Walgreens, Chipotle, Ross Dress for Less, dd’s Discounts, Midwest Express Clinic, Binny’s Beverage Depot and others add to the diverse retail landscape. Moreover, the neighborhood boasts a high population density with favorable demographics. With over 436,000 residents and 310,000 employees within three miles, coupled with an impressive average household income of $101,716 within a mile radius, the property presents a compelling investment opportunity. And situated just 9.6 miles from Downtown Chicago, it enjoys the benefits of being part of a major metropolitan area.

Exclusively Listed By

Financing By

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