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Drugstore For Sale • 14,490 SF
| PASSIVE SLEEP-AT-NIGHT OPPORTUNITY - The NNN lease structure requires zero landlord obligations, tenant pays for all taxes, insurance, and maintenance |
| STABLE INVESTMENT GRADE TENANT - Walgreens Boots Alliance is publicly traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated BBB- by S&P |
| FANTASTIC LOCATION - Located in the heart of Chicago, this site has been a staple in the community since 2009 |
| STRATEGICALLY LOCATED RETAIL CORNER - Excellent visibility on a main thoroughfare with multiple access points, including a drive-thru pharmacy |
| OUTSTANDING DEMOGRAPHICS - Surrounded by dense urban infill, with more than 1,000,000 residents living within a 5-mile radius from the site |
| Cap Rate: | 7.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Walgreens | 14,490 SF | 10/31/2034 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Irving Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 3 min | - | 1.8 mi |
| Healy Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 3 min | - | 1.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Belmont Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 0 min | 1 min | 0.1 mi |
| Addison Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 1 min | 14 min | 0.8 mi |
| Logan Square Station (Blue Line - Chicago Transit Authority "L" Trains (The "L")) | 2 min | 16 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 18 min | - | 11.6 mi |
| Chicago Midway International | 22 min | - | 12.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |
Lior Regenstreif
NNN Investment Group of Marcus & Millichap
Lior Regenstreif
NNN Investment Group of Marcus & Millichap
