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11201 W 143rd St
Orland Park, IL 60467

$5,545,000 USD

Drugstore For Sale  •  12,911 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 12,911 SF
  • Lot Size 1.96 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.45 %
  • Tenancy Single
  • Zoning C
0 Transit Score
48 Walk Score

Highlights

Absolute Triple Net (NNN) Lease with zero landlord responsibility and drive-thru equipped.
CVS Health Corporation maintains an investment-grade credit rating, with S&P Global at BBB, while operating approximately 9,028 retail pharmacy.
Full rent holiday amount delivered upfront in the form of an interest-bearing escrow account ($1,073,268).
This drive-thru-equipped location benefits from nearly 20 years of established CVS operations.
Less than 2 miles from the subject property, a massive $120 million mixed-use development is underway in downtown Orland Park.
Orland Park boasts exceptional demographics, with an average household income exceeding $145,000 within a 2-mile radius.
Cap Rate: 6.45 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS 12,911 SF 1/31/2032

Amenities

  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.1 mi
Orland Park - 153rd Street Station (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.4 mi
AirportDriveWalkDistance
Chicago Midway International 29 min - 16.5 mi
Chicago O'Hare International 63 min - 31.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Evan Beeson 612-432-9935 Sands Investment Group
Evan Beeson 612-432-9935 Sands Investment Group