1533 E 67th St
Chicago, IL 60637
Grand Crossing
HIGHLIGHTS
- Triple Net Lease Structure: Enjoy an absolute NNN lease that eliminates all landlord responsibilities.
- Strong Corporate Backing: Lease secured by a corporate guarantee from Walgreens Co. which carries an S&P rating of “BBB”.
- Exclusive Walgreens Selection: One of only 10 Walgreens locations chosen to offer an expanded food selection, featuring 750 additional items.
- Stand-Alone Building with Drive-Thru: Features a classic free-standing structure complete with a drive-thru facility.
- High Traffic Volume: Positioned at the busy intersection of E 67th Street and S Stony Island Avenue, with daily vehicle counts surpassing 60,854.
- Major Chicago MSA: Located in Chicago, the nation’s third-largest metropolitan statistical area with a population exceeding 8.9 million.
FOR SALE DETAILS
PRICE
$3,946,000 USD
PRICE/SF
$275 USD /SF
CAP RATE
9.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.21 AC
LAND SF
52,708 SF
ZONING
C
APN/PARCEL ID
20-23-403-002-0000,20-23-403-025-0000
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305-395-6972
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305-395-6972
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