15940 Kedzie Ave | Markham, IL 60428
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15940 Kedzie Ave
Markham, IL 60428
Walgreens Relocation Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently extended, long-term net leased Walgreens Drive-Thru with a corporate guarantee and minimal landlord responsibilities
- Versatile building, unlike traditional large footprint drug stores; this location had previously been a QSR before Walgreens relocated to the site
- High yield Walgreens opportunity, particularly compared to competing Walgreens’ on the market
- Walgreens relocated to this location in 2019 and just exercised their first renewal option at the option rent agreed to in the original lease
- Exceptional visibility – the property features illuminated pylon signage that is visible from every direction on Kedzie
- Full Walgreens corporate guaranty on the lease, rated ‘BBB’ by Standard & Poors
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
2,844 SF
Building Class
C
Year Built/Renovated
1972/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.36 AC
Zoning
C-1 - Neighborhood Shopping Districts / Opportunity Zone
Frontage
150’ on Kedzie Avenue
AMENITIES
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $23,452 | |
| Land Assessment | $29,812 | Total Assessment | $53,264 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$29,812
Improvements Assessment
$23,452
Total Assessment
$53,264
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