7-Eleven NNN Convenience
6375 N Milwaukee Avenue, Chicago, IL 60646
For Sale
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A 2020-built store is leased to 7-Eleven, Inc. under a triple-net structure.
Property Size3,050 SF
Lot Size0.40 Acres
Price / SF$1,253
Days on Market26
Property Features for 6375 N Milwaukee Avenue
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Traffic Count
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Convenience Store
Building Details
Year Built
Buildings
Tenancy
Abandoned
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 2:30PM
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 CBRE - Atlanta
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Investment Insights
Based on property information with market context.
This 3,050-square-foot convenience store was built in 2020 on a 0.40-acre parcel. 7-Eleven, Inc. occupies the property under a triple-net lease, with the current term ending 10/31/2035. The agreement provides for 7.5% rent increases every five years, with the next increase scheduled for 11/1/2030, and includes four five-year renewal options with 7.5% increases during each option period.
The property fronts N Milwaukee Avenue, where reported vehicle traffic is 26,800 per day.
The property fronts N Milwaukee Avenue, where reported vehicle traffic is 26,800 per day.
Key Highlights
- 7‑Eleven, Inc. occupies the store under a triple‑net lease
- 3,050 SF building on a 0.40‑acre parcel; built in 2020
- Current lease term runs through 10/31/2035
Property Analytics
Who owns this building?
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Current Use
Lease Details
26,800 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
McDonald's
Dining
23,016 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,772 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,171 visits/mo
0.1 miles
Exxon
Shops & Services
4,809 visits/mo
0.1 miles
The UPS Store
Shops & Services
1,880 visits/mo
0.1 miles
Demographics for 60646, IL
28,383
Population
11,636
Households
2.4
Avg Household Size
44
Median Age
58%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
6,451
Density / Sq Mi
$111,115
Median Household Income
$66,105
Median Earnings
$1,241
Median Rent
$493,600
Median Home Value
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Market
Properties on Market for NNN properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
NNN property - A 2020-built store is leased to 7-Eleven, Inc. under a triple-net structure.
Where is this nnn property located?
The property is located at 6375 N Milwaukee Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,823,417.
What are key features of this property?
This property features: 7‑Eleven, Inc. occupies the store under a triple‑net lease; 3,050 SF building on a 0.40‑acre parcel; built in 2020; Current lease term runs through 10/31/2035
