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Wheaton, Illinois

$ 6,589,000 17+

5.25% CAP

2191 W Roosevelt Road,
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Overview

  • Price:
  • $ 6,589,000 17+
  • CAP Rate:
  • 5.25%
  • Years Guaranteed:
  • 17+
  • NOI:
  • $345,910

Investment Highlights

WHEATON, IL WALGREENS

  • 17+ Year NNN built just a few years ago
  • Affluent community with average household incomes in excess of $100,000
  • Corner anchored by national retailers including: Target, Kohl’s, Chase Bank, McDonald’s, Chipotle, Dunkin’ Donuts, etc.
  • Unusually low rent and price point given the high quality of the dirt and location
  • Walgreens corporate guarantees the rent
  • Investment grade credit
  • True NNN lease with no management responsibilities
Address: 2191 W Roosevelt Road
City:
State/County:
Zip: 60187
Country: United States
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John Giordani