Drug Store

CVS | Corporate Guarantee

1400 East Roosevelt Road, Wheaton, IL 60187

Listing Price: $7,372,912

Cap Rate
6.25%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
10.20
Gross SF
10,836
Guarantor
Corporate Guarantee
Rentable SF
10,836
Price/Gross SF
$680.41
Lease Type
Absolute Net
Rent Per Square Feet
$42.53

Investment Overview

Marcus & Millichap is pleased to present CVS | Corporate Guarantee located in Wheaton, Illinois. There is approximately 11 years remaining on the corporately guaranteed lease. The property is located in a main retail thoroughfare on a signalized, hard-corner intersection on heavily trafficked Roosevelt Road with 37,800 vehicles passing per day. The building features a drive-thru, adding value and flexibility. Excellent visibility with 210 feet of frontage.

Investment Highlights

  • Approximately 11 Years Remaining on Corporately Guaranteed Lease
  • Investment Grade Tenant | BBB Standard & Poors Credit Rating
  • Located in Main Retail Thoroughfare
  • Signalized, Hard-Corner Intersection
  • Property Features a Drive-Thru, Adding Value and Flexibility
  • Excellent Visibility | 210 Feet of Frontage
  • One Mile to Both College of DuPage and Wheaton College

Exclusively Listed By

Listing Price: $7,372,912

Cap Rate
6.25%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
10.20
Gross SF
10,836
Guarantor
Corporate Guarantee
Rentable SF
10,836
Price/Gross SF
$680.41
Lease Type
Absolute Net
Rent Per Square Feet
$42.53

Investment Highlights

  • Approximately 11 Years Remaining on Corporately Guaranteed Lease
  • Investment Grade Tenant | BBB Standard & Poors Credit Rating
  • Located in Main Retail Thoroughfare
  • Signalized, Hard-Corner Intersection
  • Property Features a Drive-Thru, Adding Value and Flexibility
  • Excellent Visibility | 210 Feet of Frontage
  • One Mile to Both College of DuPage and Wheaton College

Investment Overview

Marcus & Millichap is pleased to present CVS | Corporate Guarantee located in Wheaton, Illinois. There is approximately 11 years remaining on the corporately guaranteed lease. The property is located in a main retail thoroughfare on a signalized, hard-corner intersection on heavily trafficked Roosevelt Road with 37,800 vehicles passing per day. The building features a drive-thru, adding value and flexibility. Excellent visibility with 210 feet of frontage.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower