Starbucks Anchored Retail
3330 Central
Starbucks Anchored Retail Image
SOLD
Starbucks Anchored Retail
3330 Central
Evanston, IL 60201
  • Sale Price: $2,347,250
  • Investment Type: Multi-Tenant
  • Deal Type: Commercial Sale
  • Property Type: Retail
TRANSACTION DETAILS:

The property has ±127 and ±120 linear feet of frontage along Central Street and Crawford Avenue, respectively. The total land area of the property is ±15,247 square feet (0.35 acres). The property is located at Evanston’s only six way signalized intersection of Central Street, Crawford Avenue and Gross Point Road. The building is a single-story, multi-tenant retail center divided into three suites between 750 - 1,600 square feet. It has an asphalt paved parking lot with 14 parking stalls for customers and a dedicated drive-thru lane for Starbucks. Starbucks recently exercised a five-year renewal option providing steady cash flow from an investment grade tenant. Kenny the Kleener is a proven concept across the Chicagoland area with three other locations (voted #1 dry cleaner in Chicago by the Illinois State Fabricare Association). The Subway operator has five other Subway locations and exercised their first renewal option in 2014.