1211 W Roosevelt Rd - Drug Store FOR SALE


Chicago, IL 60608- Little Italy
$3,112,460 USD
918-494-2690
1211 W Roosevelt Rd, Chicago, IL for Sale
$3,112,460 USD
Drug Store - FOR SALE
1/2
null | 10% Cap Rate

1211 W Roosevelt Rd
Chicago, IL 60608
Little Italy


HIGHLIGHTS

  • Dominant Retail Pharmacy Brand with Investment Grade Guaranty
  • Irreplaceable Location
  • Top Performing Store and Strong, Affluent Demographics
  • 100% Depreciation Benefits
  • Absolute Net Lease

OVERVIEW

The Property consists of +/-1.05 acres and a one-story, +/-14,033-square-foot strategically located between the University of Illinois Chicago and the Illinois Medical District. Due to its irreplaceable location, the Property ranks in the top 11th percent of all CVS pharmacies in Illinois, according to Placer.ai. The lease is guaranteed by CVS Health Corp. (NYSE: CVS). In Association With Isaiah Harf, IL Lic #471019332

FOR SALE DETAILS

PRICE

$3,112,460 USD

PRICE/SF

$242 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy (Leasehold)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

17-20-103-061-0000,17-20-103-062-0000

ASK ABOUT THIS PROPERTY

Zach PoolNorthmarqMore Info
918-494-2690

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Zach PoolNorthmarqMore Info
918-494-2690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.