Drug Store

CVS | Super Regional Location

Listing Price: $5,635,696

Cap Rate
6.25%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
10.40
Guarantor
Corporate Guarantee
Rentable SF
13,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.89

Investment Overview

Marcus & Millichap are pleased to announce CVS Pharmacy located in Woodridge, Illinois. The triple-net, corporately guaranteed lease has over ten years remaining on lease term and ten, five-year options remaining. The location offers a minute clinic, driving additional traffic to the property. Constructed in 2004, the property also features a drive-thru, adding value and flexibility to the tenant. The surrounding area features excellent demographics, with a population of 80,630 within three miles of the property and an average household income of $135,997 within one mile of the property.

Investment Highlights

  • Over Ten Years Remaining on a Corporately Guaranteed Triple-Net Lease
  • Investment Grade Tenant | "BBB" Standard & Poor's Credit Rating
  • Location Offers a Minute Clinic, Driving Additional Traffic to Location
  • Property Features a Drive-Thru, Adding Value and Flexibility to Existing or Future Tenant Located in Main Retail Thoroughfare
  • Situated on Signalized, Hard-Corner Intersection | Directly Across from Costco
  • Located in Super Regional Trade Area | Main Intersection is Home to One of Two IKEA's and Bass Pro Shops in the Chicagoland Area
  • Located in Main Retail Thoroughfare with Immediate Access to Interstate 355 | 135,750 Vehicles per Day
  • Excellent Demographics | Population of 80,630 Within Three Miles of Subject Property

Exclusively Listed By

Drug Store

CVS | Super Regional Location

Listing Price: $5,635,696

Cap Rate
6.25%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
10.40
Guarantor
Corporate Guarantee
Rentable SF
13,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.89

Investment Highlights

  • Over Ten Years Remaining on a Corporately Guaranteed Triple-Net Lease
  • Investment Grade Tenant | "BBB" Standard & Poor's Credit Rating
  • Location Offers a Minute Clinic, Driving Additional Traffic to Location
  • Property Features a Drive-Thru, Adding Value and Flexibility to Existing or Future Tenant Located in Main Retail Thoroughfare
  • Situated on Signalized, Hard-Corner Intersection | Directly Across from Costco
  • Located in Super Regional Trade Area | Main Intersection is Home to One of Two IKEA's and Bass Pro Shops in the Chicagoland Area
  • Located in Main Retail Thoroughfare with Immediate Access to Interstate 355 | 135,750 Vehicles per Day
  • Excellent Demographics | Population of 80,630 Within Three Miles of Subject Property

Investment Overview

Marcus & Millichap are pleased to announce CVS Pharmacy located in Woodridge, Illinois. The triple-net, corporately guaranteed lease has over ten years remaining on lease term and ten, five-year options remaining. The location offers a minute clinic, driving additional traffic to the property. Constructed in 2004, the property also features a drive-thru, adding value and flexibility to the tenant. The surrounding area features excellent demographics, with a population of 80,630 within three miles of the property and an average household income of $135,997 within one mile of the property.

Exclusively Listed By

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