Shopping Strip

Walgreens Anchored Center

6310 N Nagle Ave, Chicago, IL 60646

Listing Price: Request For Offer

Gross SF
29,762
Rentable SF
29,762
Lot Size
0.61 acres
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to present Walgreens Anchored Center located in Chicago, Illinois. This infill real estate is shadow anchored by a full-service grocer with very minimal competition. Strategically located on the southwest corner of the six-corner intersection of Nagle Avenue, Milwaukee Avenue and Devon Avenue. Over 65,000 total vehicles passing per day with three access points. Anchored by corporate guaranteed Walgreens which has occupied the center since 1984. The center is 100 percent occupied with five tenants operating under net leases, two tenants have annual rental increases. Ample parking per a cross-easement with over 330 surface spaces. In 2019, an estimated 38,500 customers visited this location with over total 81,900 visits, nearly a third more visits than neighboring competitor pharmacy. Ideally situated in the dense, affluent Chicago neighborhood of Norwood Park.

Investment Highlights

  • Infill Real Estate, Shadow Anchored by a Full-Service Grocer with Very Minimal Competition
  • Strategically Located on the Southwest Corner of the Six Corner Intersection of Nagle Avenue, Milwaukee Avenue and Devon Avenue
  • Anchored by Walgreens with Long Operating History
  • 100 Percent Occupied | Five Tenants Operating Under Net Leases
  • Ample Parking per a Cross-Easement
  • In 2019, an Estimated 38,500 Customers Visited this Location with Over Total 81,900 Visits
  • Ideally Situated in the Dense, Affluent Chicago Neighborhood of Norwood Park

Exclusively Listed By

Shopping Strip

Walgreens Anchored Center

Listing Price: Request For Offer

Gross SF
29,762
Rentable SF
29,762
Lot Size
0.61 acres
Year Built
1960

Investment Highlights

  • Infill Real Estate, Shadow Anchored by a Full-Service Grocer with Very Minimal Competition
  • Strategically Located on the Southwest Corner of the Six Corner Intersection of Nagle Avenue, Milwaukee Avenue and Devon Avenue
  • Anchored by Walgreens with Long Operating History
  • 100 Percent Occupied | Five Tenants Operating Under Net Leases
  • Ample Parking per a Cross-Easement
  • In 2019, an Estimated 38,500 Customers Visited this Location with Over Total 81,900 Visits
  • Ideally Situated in the Dense, Affluent Chicago Neighborhood of Norwood Park

Investment Overview

Marcus & Millichap is pleased to present Walgreens Anchored Center located in Chicago, Illinois. This infill real estate is shadow anchored by a full-service grocer with very minimal competition. Strategically located on the southwest corner of the six-corner intersection of Nagle Avenue, Milwaukee Avenue and Devon Avenue. Over 65,000 total vehicles passing per day with three access points. Anchored by corporate guaranteed Walgreens which has occupied the center since 1984. The center is 100 percent occupied with five tenants operating under net leases, two tenants have annual rental increases. Ample parking per a cross-easement with over 330 surface spaces. In 2019, an estimated 38,500 customers visited this location with over total 81,900 visits, nearly a third more visits than neighboring competitor pharmacy. Ideally situated in the dense, affluent Chicago neighborhood of Norwood Park.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower