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| Price $3,056,000 | Built/Renov 2002 | Tenant Walgreens |
| Cap Rate 10.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,891
| Lease Start
09-26-2023
| #Units
12,500
|
| Price/SF $220.00 | Expiration
09-30-2038
| Tenant Type Pharmacy |
| NOI $305,602 | R. Term 13.1 | Ownership Fee Simple |
| Rent/SF
$22.00
| Increases 5.0%/6/yrs | Pop 5Mi 844,546 |
| Lot/AC 0.93 | Options 12/5yrs/5% | AHHI 5Mi $85,980 |
| | |
Walgreens is strategically located at the signalized hard-corner intersection of W. 47th Street and S. Ashland Avenue in Chicago, IL, with access to a combined daily traffic count of 42,000 vehicles. The site is centrally positioned within a dominant retail corridor and benefits from proximity to Yards Plaza (268,000 SF) and Pulaski Promenade (141,000 SF), both anchored by national brands...
...Hard corner intersection
Roof guarantee
High traffic 50M+ VPD
University college close
Dense 200M+ pop 5 mi
Business growth area
Long 15+ yr lease
Accelerated depreciation
Corporate Guarantee
Credit rated company
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
