Grocery Store
Jewel Osco | Albertsons Corporate Guarantee | Absolute NNN Lease | Highly Desirable Neighborhood
1759 W Ogden Ave, Naperville, IL 60540
Listing Price: $14,586,540
Investment Overview
This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood. This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details!
JEWEL-OSCO
Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999.
NAPERVILLE, ILLINOIS
Nestled within the Chicago Metropolitan Statistical Area (MSA), Naperville combines the charm of a close-knit community with the dynamic energy of a major metro region. As one of the largest suburbs of Chicago, Naperville benefits from easy access to world-class business opportunities, a highly skilled workforce, and the cultural richness of a globally renowned city. With top-rated schools, a vibrant downtown, and proximity to Chicago’s economic hub, Naperville offers an ideal balance of suburban comfort and urban convenience.
Investment Highlights
- LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE: Zero landlord obligations, with 13 years remaining on the base term
- STRONG NATIONAL TENANCY: Jewel-Osco is a wholly owned subsidiary of Albertsons Companies, with a S&P rating of BB+ and over 2,200 locations nationwide
- HIGHLY DESIRABLE LOCATION: Densely populated and affluent Chicago suburb, over 543,000 residents with 5 miles of the subject site
- EXTREMELY LOW RENT-TO-SALES RATIO: The location has incredibly strong store sales, call agent for more info
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Financing By
Grocery Store
Jewel Osco | Albertsons Corporate Guarantee | Absolute NNN Lease | Highly Desirable Neighborhood
Listing Price: $14,586,540
Investment Highlights
- LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE: Zero landlord obligations, with 13 years remaining on the base term
- STRONG NATIONAL TENANCY: Jewel-Osco is a wholly owned subsidiary of Albertsons Companies, with a S&P rating of BB+ and over 2,200 locations nationwide
- HIGHLY DESIRABLE LOCATION: Densely populated and affluent Chicago suburb, over 543,000 residents with 5 miles of the subject site
- EXTREMELY LOW RENT-TO-SALES RATIO: The location has incredibly strong store sales, call agent for more info
Investment Overview
This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood. This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details! JEWEL-OSCO Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999. NAPERVILLE, ILLINOIS Nestled within the Chicago Metropolitan Statistical Area (MSA), Naperville combines the charm of a close-knit community with the dynamic energy of a major metro region. As one of the largest suburbs of Chicago, Naperville benefits from easy access to world-class business opportunities, a highly skilled workforce, and the cultural richness of a globally renowned city. With top-rated schools, a vibrant downtown, and proximity to Chicago’s economic hub, Naperville offers an ideal balance of suburban comfort and urban convenience.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager