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CVS - Orland Park, IL 11201 W 143rd St 12,911 SF Retail Building Orland Park, IL 60467 $5,545,000 ($429.48/SF) 6.45% Cap Rate
Investment Highlights
- Absolute Triple Net (NNN) Lease with zero landlord responsibility and drive-thru equipped.
- Full rent holiday amount delivered upfront in the form of an interest-bearing escrow account ($1,073,268).
- Less than 2 miles from the subject property, a massive $120 million mixed-use development is underway in downtown Orland Park.
- CVS Health Corporation maintains an investment-grade credit rating, with S&P Global at BBB, while operating approximately 9,028 retail pharmacy.
- This drive-thru-equipped location benefits from nearly 20 years of established CVS operations.
- Orland Park boasts exceptional demographics, with an average household income exceeding $145,000 within a 2-mile radius.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale a 12,911 SF CVS Pharmacy located at 11201 W 143rd Street in Orland Park, IL. The property sits on a 1.96-acre hard corner, signalized parcel and features an Absolute Triple NNN (NNN) Lease with CVS, including an upfront 1:1 escrow account fully covering the rent holiday period.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,911 SF
Building Class
B
Year Built
2006
Price
$5,545,000
Price Per SF
$429.48
Cap Rate
6.45%
NOI
$357,756
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.96 AC
Zoning
C
Parking
77 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- CVS
- Health Care and Social Assistance
- 12,911 SF
- $27.71
- Jan 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| CVS | Health Care and Social Assistance | 12,911 SF | $27.71 | Jan 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-07-201-010-0000 | Improvements Assessment | $263,846 |
| Land Assessment | $266,603 | Total Assessment | $530,449 |
Property Taxes
Parcel Number
27-07-201-010-0000
Land Assessment
$266,603
Improvements Assessment
$263,846
Total Assessment
$530,449
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CVS - Orland Park, IL | 11201 W 143rd St
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