Family Dollar NNN
For Sale
Contact for pricing
Pending
2159 E 71st Street, Chicago, IL 60649
Freestanding retail asset occupied by a single national tenant under a net lease structure.
Property SizeContact for details
Days on Market146
Property Features for 2159 E 71st Street
General Information
Standard status
Pending
Property subtype
Retail
Net Operating Income
$72,418
Building Details
Tenancy
Single
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #471022713
Source:
Crexi
Added: Apr 10
Changed: Sep 1
Last Checked: Sep 1 at 3:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This freestanding NNN property is occupied by Family Dollar as its sole tenant. The retailer has operated at the site since 2001, and the lease was renewed for a 10-year term extending through December 31, 2025. One additional five-year extension option remains, with a 16% base rent escalation included in the option period. Current NOI is fixed during the existing term.
The property is located at 2159 E. 71st Street in Chicago, one block from a Metra station. The surrounding urban infill area includes more than 100,000 people within a two-mile radius. Nearby businesses include Walgreens, Chase, Charter Fitness, Subway, Rent-A-Center, Papa John's, GameStop, Villa Shoes, Metro PCS, Harold's Chicken, City Sports, and H&R Block.
The property is located at 2159 E. 71st Street in Chicago, one block from a Metra station. The surrounding urban infill area includes more than 100,000 people within a two-mile radius. Nearby businesses include Walgreens, Chase, Charter Fitness, Subway, Rent-A-Center, Papa John's, GameStop, Villa Shoes, Metro PCS, Harold's Chicken, City Sports, and H&R Block.
Key Highlights
- Freestanding single‑tenant Family Dollar property
- 10‑year lease renewal runs through December 31, 2025
- One remaining 5‑year extension option includes a 16% base rent escalation
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,428
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Electronics 18%
Apparel 10%
Home Improvements & Furnishings 9%
Family Dollar
Shops & Services
9,579 visits/mo
0.1 miles
Boost Mobile
Electronics
3,937 visits/mo
0.3 miles
Chase Bank
Shops & Services
3,829 visits/mo
0.1 miles
DTLR/VILLA
Apparel
3,342 visits/mo
0.2 miles
Citgo
Shops & Services
3,220 visits/mo
0.5 miles
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail asset occupied by a single national tenant under a net lease structure.
Where is this nnn property located?
The property is located at 2159 E 71st Street Chicago, IL.
What are key features of this property?
This property features: Freestanding single‑tenant Family Dollar property; 10‑year lease renewal runs through December 31, 2025; One remaining 5‑year extension option includes a 16% base rent escalation
