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Walgreens | Adjacent to Whole Foods

Walgreens | Adjacent to Whole Foods

650 West 63rd Street
Chicago, Illinois


price: $4,266,665

gla: 15,120 SF

cap: 7.50%

lot: 0.99 Acres

built: 2006

noi: $320,000

  • Absolute-Net Corporate Guaranteed Lease | Walgreens Company | Seven Years Remaining on 20-Year Lease
  • National Tenant – Walgreens | Investment Grade Credit Rating | “BBB” Standard and Poor’s Rating
  • Adjacent to Whole Foods | Servicing South and West Chicago
  • Shadow Anchored by ALDI Grocery and Dunkin’
  • Store Sales Steadily Increasing
  • Situated on the Signalized, Hard Corner Intersection of 63rd Street and Union Avenue | Over 21,200 Vehicles Passing per Day
  • High Visibility | Over 275 Feet of Frontage
  • Extremely High Daytime and Nighttime Foot Traffic | 81 Walk Score, “Very Walkable” (WalkScore.com)
  • Excellent Demographics | Population of 129,858 Within Two Miles of Subject Property
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Austin Weisenbeck
Senior Vice President Investments

Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com

* Broker of Record: Steven Weinstock