1767 W Ogden Ave - Supermarket FOR SALE


Naperville, IL 60540
$14,586,540 USD
818-907-9525
1767 W Ogden Ave, Naperville, IL for Sale
$14,586,540 USD
Supermarket - FOR SALE
1/6
null | 5.5% Cap Rate

1767 W Ogden Ave
Naperville, IL 60540


HIGHLIGHTS

  • LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE: Zero landlord obligations, with 13 years remaining on the base term
  • STRONG NATIONAL TENANCY: Jewel-Osco is a wholly owned subsidiary of Albertsons Companies, with a S&P rating of BB+ and over 2,200 locations nationwide
  • HIGHLY DESIRABLE LOCATION: Densely populated and affluent Chicago suburb, over 543,000 residents with 5 miles of the subject site
  • EXTREMELY LOW RENT-TO-SALES RATIO: The location has incredibly strong store sales, call agent for more info

OVERVIEW

This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood. This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details! JEWEL-OSCO Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999. NAPERVILLE, ILLINOIS Nestled within the Chicago Metropolitan Statistical Area (MSA), Naperville combines the charm of a close-knit community with the dynamic energy of a major metro region. As one of the largest suburbs of Chicago, Naperville benefits from easy access to world-class business opportunities, a highly skilled workforce, and the cultural richness of a globally renowned city. With top-rated schools, a vibrant downtown, and proximity to Chicago’s economic hub, Naperville offers an ideal balance of suburban comfort and urban convenience. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

FOR SALE DETAILS

PRICE

$14,586,540 USD

PRICE/SF

$224 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jewel-Osco | Naperville IL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Storefront, Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

594

LAND DETAILS

LAND ACRES

8.04 AC

LAND SF

350,222 SF

ZONING

C

APN/PARCEL ID

07-22-201-009

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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