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Dollar Tree | Walmart Shadow Anchored

7528 S Ashland Ave, Chicago, IL 60620

Listing Price: $2,189,781

Cap Rate
6.85%
Tenant Name
Dollar Tree
Years Remaining On Lease
4.1
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$218.98
Lease Type
Single Net
Rent Per Square Feet
$15.00

Investment Overview

Marcus & Millichap is pleased to exclusively offer a Dollar Tree that was renovated-to-suit in 2016 with a corporately guaranteed lease. The property is anchored by a Walmart Neighborhood Market and adjacent to a Burger King. Situated directly behind the 76th Street and Ashland Avenue stoplight intersection with 33,900 vehicles passing per day. The area has a heavy population with 292,187 people living within three miles. Four schools are in close proximity with 1,682 students in total. The area is also easily accessible via public transportation.

Investment Highlights

  • Corporately Guaranteed by Dollar Tree Stores, Inc. | Completely Renovated-to-Suit for Tenant in 2016
  • Located Directly Across the Street from Walmart Neighborhood Market and Adjacent to Burger King
  • Situated Directly After the 76th Street and Ashland Avenue Stoplight Intersection | 33,900 Vehicles per Day
  • Two Miles off of the Dan Ryan Expressway (Interstate-94) | 262,200 Vehicles per Day
  • Easily Accessible via Public Transportation | Metra Train and Pace Bus
  • In Close Proximity to an Abundance of Schools and a Large Population

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Discount

Dollar Tree | Walmart Shadow Anchored

Listing Price: $2,189,781

Cap Rate
6.85%
Tenant Name
Dollar Tree
Years Remaining On Lease
4.1
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$218.98
Lease Type
Single Net
Rent Per Square Feet
$15.00

Investment Highlights

  • Corporately Guaranteed by Dollar Tree Stores, Inc. | Completely Renovated-to-Suit for Tenant in 2016
  • Located Directly Across the Street from Walmart Neighborhood Market and Adjacent to Burger King
  • Situated Directly After the 76th Street and Ashland Avenue Stoplight Intersection | 33,900 Vehicles per Day
  • Two Miles off of the Dan Ryan Expressway (Interstate-94) | 262,200 Vehicles per Day
  • Easily Accessible via Public Transportation | Metra Train and Pace Bus
  • In Close Proximity to an Abundance of Schools and a Large Population

Investment Overview

Marcus & Millichap is pleased to exclusively offer a Dollar Tree that was renovated-to-suit in 2016 with a corporately guaranteed lease. The property is anchored by a Walmart Neighborhood Market and adjacent to a Burger King. Situated directly behind the 76th Street and Ashland Avenue stoplight intersection with 33,900 vehicles passing per day. The area has a heavy population with 292,187 people living within three miles. Four schools are in close proximity with 1,682 students in total. The area is also easily accessible via public transportation.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

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