6748 W 111th St - Drug Store FOR SALE


Worth, IL 60482
$6,730,000 USD
949-724-5552
6748 W 111th St, Worth, IL for Sale
$6,730,000 USD
Drug Store - FOR SALE
1/5
null | 5% Cap Rate

6748 W 111th St
Worth, IL 60482


HIGHLIGHTS

  • Rare CVS with No Rent Holiday or Declining Rent in Option
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • 14 Years Remaining in Primary Term and five 5-year Renewal Options - 5% Rent Increases Every Option Period
  • Long Term Occupancy – Occupied this Location Since 1990
  • Positioned on Hard Corner Signalized Intersection W 111th Street (29,172 VPD) & S Oak Park Ave
  • 16,000 SF Standalone Building with Minic Clinic Services Large 2.64 AC Parcel

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to present an exceptional investment opportunity to acquire a high-quality, single-tenant CVS property located in Worth, Illinois, within the thriving Chicago Metropolitan Statistical Area (MSA). This asset offers a long-term, absolute NNN lease with over 14 years remaining in the primary term, plus five 5-year renewal options, each with 5% rent increases—making it a prime choice for investors seeking stable, passive income for years to come. The 16,000 SF building is situated on a 1-acre parcel at a highly visible and accessible location along W 111th Street and Normandy Avenue W (29,172 VPD), just adjacent to Interstate 294 (154,600 VPD). With its prominent position and easy access, the property enjoys excellent traffic and visibility, ensuring continued success for the tenant. Nearby retailers and amenities include CIBC Bank, O’Reilly Auto Parts, Chase Bank, Baskin-Robbins, Subway, Dollar Tree, Family Dollar, Advance Auto, Walgreens, and many others, making this a well positioned asset in a busy retail corridor.

FOR SALE DETAILS

PRICE

$6,730,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy - Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

50

APN/PARCEL ID

24-18-409-013-0000,24-18-409-018-0000

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

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