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CVS PHARMACY | GROUND LEASE

$2,477,000 | 5.45%

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1910 Montgomery Road
Aurora, Illinois

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Features

  • Corporate Guaranteed by CVS Corporation
    – National Tenant – CVS Pharmacy | “BBB” Standard and Poor’s Credit Rating
  • 11 Years Remaining on 25-Year Lease | Fee Simple Ground Lease
    – Zero Landlord Responsibility
    – Five Options Remaining with 10 Percent Rental Increases in Each Five-Year Option
  • Drive-Thru | Adds Value and Flexibility to Existing or Future Tenancy
  • Plentiful Parking | 80 Surface Spaces
  • Ideally Situated on a Signalized, Hard Corner Intersection Adjacent to a Senior Living Community and Near a Hospital
    – Heavily Traveled Intersection | 21,900 Total Vehicles Passing per Day
    – Adjacent to Alden of Waterford Short-Term Rehabilitation, Memory Care and Independent Senior Living Community | 35 Acres and Three Buildings
    – Quarter Mile to Rush Copley Medical Center | 142-Licensed Beds
  • Excellent Demographics | Population of 265,426 People Live Within Five Miles with an Average Household Income of $103,704
    – Population is Anticipated to Increase 14 Percent by 2023 Within Three Miles

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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