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WALGREENS INFILL CHICAGO | LOW PRICE-POINT

$2,133,333 | 7.50%

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4704 South Halsted Street
Chicago, Illinois

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Features

  • National Tenant – Walgreens | “BBB” Standard and Poor’s Credit Rating
  • 30-Year, Corporately Guaranteed Lease
    – Four Years Remaining on Lease Term | Four, Five-Year Options Remaining
    – Double-Net Lease Structure | Very Limited Landlord Responsibilities
    – Corporately Guaranteed by Walgreens Corporation
  • Long Term Occupancy
    – Walgreens Has Been Operating at this Location Since 1993
  • Located at a Signalized, Stoplight Intersection with High Visibility
    – 25,200 Vehicles Passing per Day
    – Over 360 Feet of Frontage Along Halsted Street and 47th Street
  • Drive-Thru Adds Value and Flexibility to Existing or Future Tenancy
  • Less Than One Mile Off Interstate 90 and the CTA Red Line 47th Street Station
  • Strong Infill Location | 19,926 People Work Within One Mile of Subject Property

Contact

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

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