Dollar General Signs 10 Year Lease For Retail Space In Pilsen/Little Village, Chicago

The retail property located at 2740 W. Cermak in Pilsen/Little Village, Chicago, was recently leased to Dollar General. This lease transaction was facilitated by Paul Tsakiris from First Western Properties on behalf of the landlord, Lykourgos Skylakos. The lease term is a 10-year deal, and the tenant is a national tenant. The property offers approximately 10,000 square feet of space, with an asking rent of $20 per square foot.

Summary of transation details

• Property Type: Retail
• Transaction Amount: Not applicable (lease)
• Date: 01/02/2023
• Address: 2740 W. Cermak
• Market: Pilsen/Little Village, Chicago
• Landlord: Lykourgos Skylakos
• Tenant: Dollar General
• Broker: Paul Tsakiris - First Western Properties

This lease transaction signifies the successful partnership between Lykourgos Skylakos, the landlord, and Dollar General, a national tenant. Paul Tsakiris from First Western Properties played a key role as the broker, facilitating the 10-year lease deal. The property's location in Pilsen/Little Village, Chicago, offers a prime retail opportunity for Dollar General, with its 10,000 square feet of space and favorable lease terms.