Drug Store
Walgreens | California Ave | Chicago IL
2744 N California Ave, Chicago, IL 60647
Listing Price: $9,098,360
Cap Rate
6.10%
Tenant Name
Walgreens
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
12,515
Lease Type
Absolute Net
Rent Per Square Feet
$44.35
Investment Overview
This passive investment opportunity offers a qualified buyer a NNN, credit worthy, essential retailer with zero landlord responsibilities in the heart of Chicago.
Walgreens | California Ave | Chicago IL
Investment Highlights
- Corporate Guaranteed NNN Walgreens - No landlord responsibilities
- Fantastic location - Densely populated region with more than 1,000,000 within a 50-mile radius from the site in the heart of Chicago
- A staple in the community having been at this location since 2009 and sits directly off I-90
- Site has a vital drive-thru and multiple points of access
- Strategically located on a corner facing lot surrounded by dense urban infill
- Highly desirable retail real estate, just a few miles from Chicago's city center, Lake Shore drive, and Wrigley Field
- Walgreens is an Investment Grade Credit Tenant, S&P rated BBB
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Financing By
Listing Price: $9,098,360
Cap Rate
6.10%
Tenant Name
Walgreens
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
12,515
Lease Type
Absolute Net
Rent Per Square Feet
$44.35
Investment Highlights
- Corporate Guaranteed NNN Walgreens - No landlord responsibilities
- Fantastic location - Densely populated region with more than 1,000,000 within a 50-mile radius from the site in the heart of Chicago
- A staple in the community having been at this location since 2009 and sits directly off I-90
- Site has a vital drive-thru and multiple points of access
- Strategically located on a corner facing lot surrounded by dense urban infill
- Highly desirable retail real estate, just a few miles from Chicago's city center, Lake Shore drive, and Wrigley Field
- Walgreens is an Investment Grade Credit Tenant, S&P rated BBB
Investment Overview
This passive investment opportunity offers a qualified buyer a NNN, credit worthy, essential retailer with zero landlord responsibilities in the heart of Chicago.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Financing By
