1633 95Th St, Chicago, IL 60643

13,833 SF | Retail Building | Chicago, IL 60643 | $4,692,308 ($339/SF) | 6.50% Cap Rate

Asking Price $4,692,308

Property Type
Retail
Square Feet
13,833 SF
Price / Square Foot
$339

Listing Contacts

Kase Abusharkh
Kase Abusharkh
Robert Walker
Robert Walker
  • Property Info

Property Overview

The Kase Group is pleased to present the opportunity to purchase a well
established Walgreens location in Chicago, Illinois. The double net lease is
corporately guaranteed by Walgreens and expires in August 2028 with ten, 5-year
renewal options. This site is well situated along W 95th St with exposure to 24,247
vehicles per day. The site borders various tenants including McDonald's, Subway,
Dunkin' Donuts, Starbucks, Taco Bell, Dollar Tree, Jewel-Osco and more.
In Association with ParaSell, Inc. | Costa Mesa,
California | A Licensed Illinois Broker #478027307

Property Details

Class
C
Year Built
1990
Stories
1
Property Subtype
Drug Store
Lot Size (sq. ft)
27,878 SF

Highlights

  • Net Leased Offering
  • Corporate Guarantee - NASDAQ:WBA
  • Seller will Provide 50% LTV Financing
  • Tenant has Exercised Second Option - Showing Commitment to the Location
  • $4,457,543.24 in Reported Sales
  • Desirable Demographics - 230,069 Residents within a 3-Mile Radius

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