6646 S Halsted St
Chicago, IL 60621
Commerce de détail Propriété À vendre

This is an opportunity to acquire a White Castle located in Chicago’s Auburn Gresham neighborhood. The site is secured by a new 10-year corporateguaranteed
Absolute NNN lease with zero landlord responsibilities, expiring May 31, 2035. The lease includes 10% rental increases every five (5) years and
five (5) additional five-year renewal options
Strategically positioned on Halsted Street, a major South Side arterial with over 31,800 VPD, the property also benefits from nearby I 90 (Chicago Skyway),
which carries approximately 36,000 vehicles daily and leads directly into Downtown Chicago, just 10 miles away.
The surrounding trade area is anchored by national retailers and services including Walgreens, McDonald’s, Family Dollar, Advance Auto Parts, AutoZone,
Jewel Osco, and a JPMorgan Chase affiliated health center. This corridor is also included in the City’s INVEST South/West program, which is driving public
infrastructure improvements and new investments in the Auburn Gresham neighborhood.
Residential growth in the area includes the recently completed Auburn Gresham Apartments and the historic bungalow district. Nearby schools include
Hansberry College Prep with approximately 584 students and Gresham Elementary School with around 500 students, supporting steady pedestrian and
vehicular traffic throughout the day. The three-mile trade area includes over 114,890 residents, reflecting strong local density.