Colliers Net Lease Investment Group is excited to present a truly unique real estate investment opportunity. We invite qualified investors to explore the possibility of acquiring a 100% fee interest in a remarkable urban 7-11 convenience store situated in the heart of Chicago’s vibrant Loop district at 191 W. Adams Street. This exceptional property is strategically positioned at the Southeast corner of Adams & Wells Street, nestled at the base of a multi-story mixed-use complex housing a prestigious JW Marriott Hotel and an office building.
Owning this one-of-a-kind convenience store in the central business district of Chicago is an extremely rare chance. The location offers exceptional advantages, benefiting from the Loop’s remarkable population density. Moreover, the property is just a stone’s throw away from the iconic Willis Tower and serves as a pivotal east-west thoroughfare connecting to the city’s major train stations and immediately adjacent to the “L” stop. Notably, the neighboring corners of this intersection are occupied by renowned brands such as McDonald’s, Starbucks, and Dunkin’.
The tenant’s commitment to the site is demonstrated by their recent signing of a long-term lease extension. This remarkable investment opportunity is available for $4,808,571 offering a compelling cap rate of 5.25%. Don’t miss out on this exceptional chance to own a prime property in the bustling heart of Chicago.
