About 1915 North Damen Avenue
Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 7% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.
