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CVS Pharmacy 1211 W Roosevelt Rd 14,033 SF Retail Building Chicago, IL 60608 $2,829,510 ($201.63/SF) 11% Cap Rate
Investment Highlights
- Irreplaceable Location
- Absolute Net Lease
- Top Performing Store
- 100% Depreciation Benefits
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the leasehold interest in a single-tenant CVS Pharmacy location in Chicago, Illinois. The absolute net lease structure provides for a passive, secure investment with no responsibilities for the Landlord. Due to its irreplaceable location, the Property ranks in the 89th percentile of all CVS pharmacies in Illinois, according to Placer.ai.
In Association With Isaiah Harf IL Lic #471019332
In Association With Isaiah Harf IL Lic #471019332
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,033 SF
Building Class
B
Year Built
2010
Price
$2,829,510
Price Per SF
$201.63
Cap Rate
11%
NOI
$311,246
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
PD896 - Planned Development
Parking
52 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $41,631 | |
| Land Assessment | $454,620 | Total Assessment | $496,251 |
Property Taxes
Parcel Numbers
Land Assessment
$454,620
Improvements Assessment
$41,631
Total Assessment
$496,251
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CVS Pharmacy | 1211 W Roosevelt Rd
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