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Home General Investment Opportunity: Fully Leased Multi-Tenant Strip Center
April 30, 2024 General by Ankush Agrawal

Investment Opportunity: Fully Leased Multi-Tenant Strip Center

As part of a strategy to move towards larger investment properties, one of Grandway’s real estate funds is in the process of exiting a 9,700 SF multi-tenant retail center. This presents an excellent opportunity for interested investors and 1031 buyers.
Discover this prime investment opportunity in Chicago’s bustling retail market with our fully leased multi-tenant strip center, located in the prestigious Chatham Market with Lowe’s as the anchor. This property boasts a roster of well-established tenants such as Potbelly, GameStop, and BMO Harris Bank, ensuring a solid financial foundation.

With most of the net operating income derived from these corporate tenants, many of whom have extended their leases for over a decade, investors can count on a stable and long-term opportunity. Positioned at a high-traffic intersection with excellent visibility and accessibility, the property benefits from nearby highways and recent infrastructure upgrades, ensuring easy reach for customers.

Don’t miss out on this top-tier investment opportunity in one of Chicago’s most coveted retail destinations. For more information on Chatham Market, please contact us.

Ankush Agrawal
Author
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  • Commercial Real Estate Market Update Q1 2024
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