11213 S Vincennes Ave, Chicago, IL 60643

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Building Details:

• Year Built: 2000

11213 S Vincennes Ave is located in Chicago, IL.

GREAT 11.9% CAP RATE ARM CHAIR INVESTMENT FOR A BUYER THAT IS LOOKING FOR STABILITY. STRONG NATIONAL TENANT, SUBWAY IN PLACE WITH MORE THAN 3 YEARS LEFT ON THEIR LEASE WITH 2 FIVE YEAR OPTIONS. EACH OPTION HAS INCREASES IN BASE RENT. THIS A TRUE TRIPLE NET LEASE. TENANT RESPONSIBLE FOR ALL EXPENSES INCLUDING TAXES. TENANT IN PLACE FOR 6 YEARS. LOCATED NEAR HIGH SCHOOL, POLICE DEPT., OFFICE, RETAIL & RESIDENTIAL. TRAFFIC COUNTS OF 27,000 AT THE LIGHTED INTERSECTION.

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