Kidder Mathews and Parasell, Inc. are pleased to offer for purchase an Albertsons grocery store (with a corporate guarantee) located in Woodridge IL. Albertsons has approximately 15 years remaining, plus eight (8), five year options to renew the lease. The lease is absolute triple net with zero landlord responsibilities. The tenant has a long term history of success, operating at the site since 1978 and signed a new 20 year lease in June 2019. Regular rent increases are included in the lease structure (contact broker for details).
Woodridge Illinois/Chicago Illinois
Woodridge is a southwestern suburb of Chicago and is considered one of the best places to live in Illinois. Woodridge, IL, is a very safe place to live; according to the FBI, its crime rate is 85.8% lower than the state and 88% lower than the country. Since Woodbridge is only 30 miles from downtown Chicago, residents of Woodridge can live in a safe and beautiful suburb and drive into the city for the wonderful activities Chicago has to offer such as: architecture river cruise, the Art Institute of Chicago, Millennium Park, Museum of Science and History, the Skydeck, Wrigley Field, the Lincoln Park Zoo, The Chicago Theatre, Chicago Riverwalk and many, many outstanding shopping opportunities and restaurants, coffee bars, wine bars, and microbrewery spots throughout the city.