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Vertically subdivided retail unit with 18,100 sq. ft. for sale, situated at the base of an 82,008 sq. ft. office unit. The property is leased to CVS Pharmacy, which recently expanded its footprint and completed a major renovation of the space. Located at the junction of River North and the Gold Coast neighborhoods in Chicago, and is adjacent to the Division Red Line Station, which sees over 2.6 million riders annually.
- Fee simple interest of 100%
- Property features a long-term NNN lease structure and just renewed for a 25-year term with rent growth
- Minimal landlord responsibilities
- Durable cash flow