SVN Chicago Commercial is pleased to offer 5224 N. Northwest Highway FOR LEASE. The subject property is a free-standing 2,232 SF Retail building with surface parking. Originally a fast food restaurant with a drive-thru, the building is currently used as Retail use but could be converted back to accommodate a drive-thru. This building is part of a 2-building 9,899 SF strip center with a 30 car surface parking lot that was completely rehabbed in 2015. There is stable co-tenancy with ATI Physical Therapy and Immediate MD having long-term leases. All tenants benefit from an incredibly rare 57' tall pylon sign that is visible from Interstate 90 and the adjacent Metra rail line. Northwest Highway, Central Avenue and Foster Avenue surround the site and produce traffic counts of 52,200 VPD. Additionally, nearby Milwaukee Avenue and Interstate 90 see 16,200 and 150,000 VPD respectively. Along with Interstate access at Foster and Central, public transportation is easily accessible with 2 Metra and 1 CTA Blue Line stops within walking distance. Jefferson Park is a dense urban neighborhood with 122,000 residents in a 2-mile radius that have a Median Household Income of $73,500. The property is zoned B3-1. Please call broker for additional details.
Free-Standing Retail / Restaurant Building FOR LEASE
Former Fast Food Restaurant with Drive-Thru can be Converted Back
2,232 SF Available - Ideal Size for Quick Serve Restaurant
Part of 2-Building Strip Center Totaling 9,899 SF
Parking - 30 Car Parking Lot (3.03/1,000 SF)
Stable Co-Tenancy - ATI Physical Therapy and Immediate MD Have Long Term Leases
Central Location - Excellent Vehicular Location as the Site is Immediately Served by Northwest Highway, Central Avenue, Foster Avenue, Milwaukee Avenue and Interstate 90, All with Strong Traffic Counts and Easy Access
Traffic Counts - Northwest Hwy (10,400 vpd), Central Ave. (15,000 vpd), Foster Ave. (26,800 vpd), Milwaukee Ave. (16,200 vpd), Interstate 90 (150,000 vpd)
Signage - Incredibly Rare 57' Pylon Sign and Building Signage Opportunities
Excellent Visibility - Pylon Sign Visible from Interstate 90 and Adjacent Metra Rail Line
Transportation - Direct Access to Interstate 90 Via Central or Foster, 2 Metra and 1 CTA Blue Line Stops Within Walking Distance
Established Sub-Market - Long Performing Nearby Retail Tenants Include AutoZone, Dollar General, Firestone, Walgreens, Verizon, 7-Eleven, BP, Associated Bank, O'Reilly Auto Parts, Subway, Dollar Tree, Sprint
Dense Urban Neighborhood - The Jefferson Park Neighborhood Consists of 122,000 Residents Among 46,000 Households In a 2-Mile Radius That Have a Median Household Income of $73,500
Daytime Population of 105,000 in a 2-Mile Radius
