Greenstone Partners Broker Sale Of Retail Property Fully Leased To Chipotle And Playa Bowls For $3.3M

A retail property located at 1735 North Damen Avenue in Chicago was sold for $3,300,000. The property encompasses 4,747 square feet, translating to a price per square foot of $695. It is situated in the Chicago market and is fully leased to Chipotle and Playa Bowls.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,300,000
• Square Footage: 4,747
• Price Per Square Foot: $695
• Lease Details: Chipotle renewed its lease through at least 2029; Playa Bowls signed a 10-year lease

The sale was brokered by Brewster Hague and Danny Spitz, both representing Greenstone Partners. Details about the buyer remain undisclosed.