Grocery Store
7-Eleven w/ Gas Station | Infill Chicago: 877k+ People w/in 5-Mile Radius | 15 Year Abs. Net Lease
3743 S Archer Ave, Chicago, IL 60632
Listing Price: $7,012,727
Investment Overview
Chicago is the most populous city in the U.S. state of Illinois and the third-most populous in the United States, after New York City and Los Angeles. With a population of 2,746,388 in the 2020 census, it is also the most populous city in the Midwestern United States. As the seat of Cook County (the second-most populous U.S. county), the city is the center of the Chicago metropolitan area, one of the largest in the world. Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. It is the site of the creation of the first standardized futures contracts, issued by the Chicago Board of Trade, which today is part of the largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financial futures alone. O'Hare International Airport is routinely ranked among the world's top six busiest airports according to tracked data by the Airports Council International. The region also has the largest number of federal highways and is the nation's railroad hub. The Chicago area has one of the highest gross domestic products (GDP) in the world, generating $689 billion in 2018. The economy of Chicago is diverse, with no single industry employing more than 14% of the workforce. It is home to several Fortune 500 companies, including Archer Daniels Midland, Conagra Brands, Exelon, JLL, Kraft Heinz, McDonald's, Mondelez International, Motorola Solutions, Sears, and United Airlines Holdings.
7-Eleven w/ Gas Station | Infill Chicago: 877k+ People w/in 5-Mile Radius | 15 Year Abs. Net Lease
Investment Highlights
- 15 Year Absolute Net Lease Featuring 7.5% Rental Increases Every 5 Years Throughout Initial Term and Options. Brand New High Quality Construction w/ Tenant's New Prototype.
- Featuring Gas Station and Laredo Taco. Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- The Property is Strategically Situated at the Epicenter of Local Transportation at the Intersection of Archer/Western Ave and a Three-block Walk to 35th/archer CTA Station.
- Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $88.07 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.
- In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
- The Site sits along Mckinley Park's Primary Retail Corridor which is Home to National Retailers Including Jewel-Osco, Ross Dress for Less, Family Dollar, Mariano's, Dollar Tree, Advanced Auto Parts, Pet Supplies, Walgreens and more.
- Extremely Dense Chicago Submarket with over 877k People Residing in a 5-Mile Radius. Chicago is the Cultural Epicenter of the Midwest - 9.5 Million People call the Nation's Third Largest Metro Home.
- The Site is Surrounded by Dense Residential Neighborhoods, Apartment Complexes, & Numerous Amenities Including Parks, Schools, and More. Directly Across from McKinley Community Park - a Popular 72-Acre Recreational Complex that Comprises the Largest Green Space in the Area, boasting an Ice Skating Rink, Ball Fields, Gymnastics Area & a Splash Playground.
Grocery Store
7-Eleven w/ Gas Station | Infill Chicago: 877k+ People w/in 5-Mile Radius | 15 Year Abs. Net Lease
Listing Price: $7,012,727
Investment Highlights
- 15 Year Absolute Net Lease Featuring 7.5% Rental Increases Every 5 Years Throughout Initial Term and Options. Brand New High Quality Construction w/ Tenant's New Prototype.
- Featuring Gas Station and Laredo Taco. Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- The Property is Strategically Situated at the Epicenter of Local Transportation at the Intersection of Archer/Western Ave and a Three-block Walk to 35th/archer CTA Station.
- Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $88.07 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.
- In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
- The Site sits along Mckinley Park's Primary Retail Corridor which is Home to National Retailers Including Jewel-Osco, Ross Dress for Less, Family Dollar, Mariano's, Dollar Tree, Advanced Auto Parts, Pet Supplies, Walgreens and more.
- Extremely Dense Chicago Submarket with over 877k People Residing in a 5-Mile Radius. Chicago is the Cultural Epicenter of the Midwest - 9.5 Million People call the Nation's Third Largest Metro Home.
- The Site is Surrounded by Dense Residential Neighborhoods, Apartment Complexes, & Numerous Amenities Including Parks, Schools, and More. Directly Across from McKinley Community Park - a Popular 72-Acre Recreational Complex that Comprises the Largest Green Space in the Area, boasting an Ice Skating Rink, Ball Fields, Gymnastics Area & a Splash Playground.
Investment Overview
Chicago is the most populous city in the U.S. state of Illinois and the third-most populous in the United States, after New York City and Los Angeles. With a population of 2,746,388 in the 2020 census, it is also the most populous city in the Midwestern United States. As the seat of Cook County (the second-most populous U.S. county), the city is the center of the Chicago metropolitan area, one of the largest in the world. Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. It is the site of the creation of the first standardized futures contracts, issued by the Chicago Board of Trade, which today is part of the largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financial futures alone. O'Hare International Airport is routinely ranked among the world's top six busiest airports according to tracked data by the Airports Council International. The region also has the largest number of federal highways and is the nation's railroad hub. The Chicago area has one of the highest gross domestic products (GDP) in the world, generating $689 billion in 2018. The economy of Chicago is diverse, with no single industry employing more than 14% of the workforce. It is home to several Fortune 500 companies, including Archer Daniels Midland, Conagra Brands, Exelon, JLL, Kraft Heinz, McDonald's, Mondelez International, Motorola Solutions, Sears, and United Airlines Holdings.
