Published on: Thursday, November 7, 2024
Updated on: Thursday, November 7, 2024
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About the Lister
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Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
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Financing  Business  Material
  Walgreens – Top 1% National Store Ranking
1633 W 95th St Chicago Illinois , 60643
1633 W 95th St Chicago Illinois                                                                                            , 60643NNN Investment Group
Listing ID: CL-Illinois-12720

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.25
Net Operating Income: $305,000
Commission Split (%): 0
Quick Glance
Listing ID: CL-Illinois-12720
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2004
Building Size: 13,833.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Lee & Associates, together with Bang Realty, are please to introduce a premier investment opportunity in a well-established Walgreens located in South Chicago.
Complete Details
Year Build: 2004
Building Size: 13,833
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Lee & Associates, together with Bang Realty, are please to introduce a premier investment opportunity in a well-established Walgreens located in South Chicago. This property offers a property with minimal landlord responsibilities. Walgreens is a high-performing store in this location, demonstrating robust sales and consistent customer traffic, which underscores the brand's market strength and stability in the area. With strong store performance and a reputable national tenant in place, this property presents a rare chance for investors seeking long-term stability and predictable income in a sought-after urban location. Walgreens’ South Chicago location is strategically situated in a densely populated area with high visibility, ensuring continued success and tenant retention. This investment combines the appeal of a trusted tenant with an ideal property location, making it an exceptional addition to any portfolio.
Additional Properties
Property Highlights
  • Walgreens Co. – Strong Corporate Lease Guaranty | Minimal Landlord Responsibilities
  • Subject Property is Ranked in the Top 1% Nationally for Walgreens & Top 2% Within Illinois for Total Customer Visits (Source: Placer.ai)
  • Strong Reported Annual Sales of $4,271,561 (2023-2024) | Stellar 7.14% Rent to Sales Ratio (2023-2024) Proofing Up Store Location’s Profitability
  • Dense Infill South Side Chicago Location | 210,000 People Within a 3-Mile Radius of Subject Property | 218,000 Households Within 5-Mile Radius | Signalized Hard Corner Location (48,000 VPD)
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0
$0
$0
$305,000
$0
0%
Cash Flow for Current Listings
Listing Location
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