7 Eleven & Magnum Insurance Inc. Retail Center
KW Commercial & Lord Companies are pleased to present this 4,680 SF 7-Eleven anchored retail center on 16,966 SF corner lot. The offering has excellent frontage with approximately 130 FT along Diversey Ave. & 126 Ft along N. Nagle Ave.
The Center consists of two tenants: 7-Eleven and Magnum Insurance Inc. 7-Eleven is an International credit tenant and is on a NNN lease thru 2026 with (2) 5yr options. This 7-Eleven location has a full liquor license! Magnum Insurance Inc. has serviced the Chicago area for over 35 years. They are on a lease thru February 2024 with (2) 3-year options.
This offering features approximately 23 on-site parking spaces, 1 point of ingress & egress along Diversey and a monument sign at the corner of Diversey & Nagle Ave.
This property will attract an investor looking for a fully leased Center with a strong International Credit Tenant 7-Eleven & Corporate Tenant Magnum Insurance Inc., with minimal management requirements & well-trafficked area at an excellent cap rate of 7.6%.
- Property Type
Office
- Submarket
- Year Built
1959
- Total Building Size
4,680RSF
- Total Acres
0.39
- Number of Floors
1
- Property ID
1810742
