2051 Ridge Rd
Minooka, IL 60447
Jewel-Osco: Chicago MSA · Retail Property For Sale

ALBERTSONS CORPORATE GUARANTY: Albertsons Companies is one of the largest food and drug retailers in the United States. With both a strong local presence and national scale, the company operates stores across 35 states under 20 well–known banners – including Jewel–Osco. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2018, Albertsons Companies operated 2,269 stores and reported Revenue in excess of $60.5 billion and a Net Income of $131.1 million. PREMIER GROCERY CONCEPT: Initially founded in 1899, the Jewel–Osco brand has grown to operate 187 stores throughout the Chicagoland area, Indiana, and Iowa. Jewel–Osco has become a vital part of Albertsons Companies since it was acquired in 2013 from SUPERVALU. The concept combines Jewel Foods and Osco Drugs into one store providing one-stop shopping for its loyal customer base in the Midwest markets. LONG–TERM LEASE WITH ATTRACTIVE RENT INCREASES: Jewel–Osco’s absolute NNN lease is corporately–guaranteed by Albertsons and has ± 19.8 years remaining with 1.50% annual rent increases through 2023 and 7.50% increases every 5–years thereafter. The lease requires no landlord responsibilities, and provides attractive rent growth throughout the primary term and eight 5–year renewal options creating the possibility for 59.8 years of increasing cash flow.