Walgreens - W Belmont Avenue - Chicago, IL

Asset Type

Retail

Address
6809 W Belmont Ave Chicago, IL United States 60634-4644
Asking Price

S$6,850,000

Sq Footage

13,001

Year Built

1999

Cap Rate

7.10%

Additional Attributes

Property Description

Urban infill investment opportunity for sale along one of Chicago’s busiest east-west thoroughfares, Belmont Avenue. Currently leased by Walgreens, who just executed its first five-year renewal option, demonstrating a commitment to the location. 

Investment Highlights

  • Property has over 6 years of remaining lease term with seven 5-year options to renew
  • Walgreens features an investment-grade credit rating of BBB
  • Dense infill location 
Listing Contacts
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
+65 3159 4021
IL - 475.170243
Nicholas Kanich
Nicholas Kanich
SVP, Capital Markets
+65 3159 4021
IL - 475147401
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