Net Leased Grocery Convenience
4701 South Cottage Grove Chicago, IL 60615
New
For Sale
Contact for pricing
Pending
Save-A-Lot is offered as 100% fee simple interest with a net lease and minimal landlord obligations.
Property Size14,800 SF
Days on Market4
Property Features for 4701 South Cottage Grove
General Information
- Standard status
- Pending
- Size
- 14,800 SF
- Property subtype
- Retail
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 3:06PM
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 The Kase Group
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire 100% fee simple interest in a net leased Save-A-Lot. The property consists of a 14,800-square-foot Save-A-Lot grocery and convenience store with minimal landlord obligations under the existing net lease structure. The tenant recently exercised their second option, with one option period remaining.
The store is located in Chicago’s Hyde Park District within a major retail corridor. It is approximately within 3/4 miles of the University of Chicago School and benefits from proximity to University of Chicago Hospital. The site is also about 1 mile from the Hyde Park shopping corridors of 53rd, 55th, and 57th streets, and is surrounded by major retailers including Walmart, McDonald’s, Popeye’s, and Ross Dress for Less.
The purchase includes the underlying land and building associated with the net leased Save-A-Lot.
The store is located in Chicago’s Hyde Park District within a major retail corridor. It is approximately within 3/4 miles of the University of Chicago School and benefits from proximity to University of Chicago Hospital. The site is also about 1 mile from the Hyde Park shopping corridors of 53rd, 55th, and 57th streets, and is surrounded by major retailers including Walmart, McDonald’s, Popeye’s, and Ross Dress for Less.
The purchase includes the underlying land and building associated with the net leased Save-A-Lot.
Key Highlights
- Net leased Save‑A‑Lot offered as 100% fee simple interest in the land and building
- 14,800 SF Save‑A‑Lot in Chicago, IL within Chicago’s Hyde Park District
- Tenant recently exercised their second option; one option period remaining
Property Analytics
Location Intelligence
Current Use by Public Records
Shops & Lofts
Hotel & Motel
Similar Off Market Nearby
- Valley of Jordan Food — 1009 E 53rd St, Chicago, IL 60615
- Hyde Park Produce Market — 1226 E 53rd St, Chicago, IL 60615
- Target Grocery — 1346 E 53rd St, Chicago, IL 60615
- One Stop Food & Liquors — 4301 S Lake Park Ave, Chicago, IL 60653
FAQs
What type of property is this?
Grocery and convenience store - Save-A-Lot is offered as 100% fee simple interest with a net lease and minimal landlord obligations.
Where is this grocery and convenience store located?
The property is located at 4701 South Cottage Grove Chicago, IL.
What are key features of this property?
This property features: Net leased Save‑A‑Lot offered as 100% fee simple interest in the land and building; 14,800 SF Save‑A‑Lot in Chicago, IL within Chicago’s Hyde Park District; Tenant recently exercised their second option; one option period remaining
