Drug Store
Walgreens | Belmont Ave | Chicago IL
3424 W Belmont Ave, Chicago, IL 60618
Listing Price: $8,956,967
Cap Rate
6.10%
Tenant Name
Walgreens
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
14,490
Lease Type
Absolute Net
Rent Per Square Feet
$37.71
Investment Overview
This passive investment opportunity offers a qualified buyer a long term NNN, credit worthy, essential retailer with zero landlord responsibilities in the heart of Chicago.
Walgreens | Belmont Ave | Chicago IL
Investment Highlights
- Corporate Guaranteed NNN Walgreens
- No Landlord responsibilities
- Fantastic location - in the heart of Chicago
- Densely populated region with more than 1,000,000 within a 5-mile radius from the site
- A staple in the community having been at this location since 2009 and sits directly off I-90
- Highly desirable retail real estate, just a few miles from Chicago's city center, Lake Shore drive, and Wrigley Field
- Walgreens is an Essential Retailer and 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: $8,956,967
Cap Rate
6.10%
Tenant Name
Walgreens
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
14,490
Lease Type
Absolute Net
Rent Per Square Feet
$37.71
Investment Highlights
- Corporate Guaranteed NNN Walgreens
- No Landlord responsibilities
- Fantastic location - in the heart of Chicago
- Densely populated region with more than 1,000,000 within a 5-mile radius from the site
- A staple in the community having been at this location since 2009 and sits directly off I-90
- Highly desirable retail real estate, just a few miles from Chicago's city center, Lake Shore drive, and Wrigley Field
- Walgreens is an Essential Retailer and Investment Grade Credit Tenant, S&P rated BBB
Investment Overview
This passive investment opportunity offers a qualified buyer a long term 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
