Property Listing No Longer Available for Lease

7358 South Stony Island Avenue

Chicago, IL

Retail for Lease - $23 SqFt/Year - 1,000 SqFt Available


Property Info

CIMLS#455390
Location
  7358 South Stony Island Avenue
  Chicago IL 60649
UpdatedDecember 27th, 2018
TypeRetail
Price$23 SqFt/Year
Building1,000 SqFt

Property Description

1000 (12.5' x 80') square feet of prime available retail space on the highly visible South Stony Island artery.

Stony Center I is a 18,250 square foot strip center comprised of a dollar store, cell phone store, Chinese carryout restaurant, Harold's Chicken Shack, Nail Salon, Spin Cycle Coin Laundromat, insurance agency and The Foodie's Spot. Spin Cycle Laundromat operates into the late evening hours at this location due to high consumer demand. The center is constructed of cinderblock and has a flat rubber roof. The center also boasts two large lighted pylon signs to advertise business name.

Stony Center I is a very high traffic strip center in a densely populated urban market with high barriers to entry, limited competition and low tenant turnover. Stony Center I is located at the northwest corner of the highly travelled intersection of 74th and Stony Island Avenue with 47,000 vehicles per day that pass in front of the strip center. Demographics include a population of 251,000 and 525,000 individuals within a 3-mile and 5-mile radius, respectively.



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