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12854 S Ashland Ave
Riverdale, IL 60827

$4,225,000 USD

Drugstore For Sale  •  14,490 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,490 SF
• Lot Size 1.42 AC
• Building Class C
• Year Built 2006
• Cap Rate 7.55 %
• Tenancy Single

0 Transit Score

76 Walk Score

Highlights

Absolute NNN lease.

Lease calls for 5% rental increases every 5 years throughout the base term providing a hedge against inflation.

Walgreens is S&P Rated BBB- providing long-term security.

Located in a dense market with a population of over 126,000 within a 3-mile radius.

Positioned near the exit of interstate 57 which has a traffic count of 102,000 VPD.

Neighboring retailers include Planet Fitness, Aldi, Advanced Auto, McDonalds and many more.

Cap Rate:

7.55 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens	10,579 SF

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burr Oak Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	13 min	0.7 mi
Ashland Avenue Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	14 min	0.8 mi
Airport	Drive	Walk	Distance
Chicago Midway International	24 min	-	14.0 mi
Chicago O'Hare International	51 min	-	36.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	55
Type:	Surface
Included in Rent:	Yes