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Jewel-Osco | Stickney IL 7122 40th St 59,009 SF Retail Building Berwyn, IL 60402 $11,600,352 ($196.59/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE: Zero landlord obligations, with 12 years remaining on the base term
  • HIGHLY DESIRABLE LOCATION: Densely populated and affluent Chicago suburb, over 543,000 residents with 5 miles of the subject site
  • TOP RANKING JEWEL-OSCO: This store is the 9th MOST VISITED location nationwide, according to Placer.ai
  • STRONG NATIONAL TENANCY: The most popular grocery store in Illinois, Jewel-Osco is a wholly owned subsidiary of Albertsons, with over 2,200 locations
  • EXTREMELY LOW RENT-TO-SALES RATIO: The location has incredibly strong store sales, call agent for more info
  • Illinois Broker of Record: Steven Weinstock, One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181, P: (630) 570-2200, Lic #: 471.011175

EXECUTIVE SUMMARY

This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood. This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details!
JEWEL-OSCO
Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999.
STICKNEY, ILLINOIS
Just minutes from downtown Chicago, Stickney, Illinois, offers the perfect blend of suburban tranquility and convenient access to big-city perks. As part of the Chicago Metropolitan Statistical Area (MSA), Stickney provides a family-friendly atmosphere, strong community spirit, and affordable living options—all within easy reach of Chicago’s thriving job market, cultural attractions, and diverse dining scene.

Illinois Broker of Record: Steven Weinstock
One Mid America Plaza, Ste. 200
Oakbrook Terrace, IL 60181
P: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Supermarket
Building Size
59,009 SF
Building Class
C
Year Built
1996
Price
$11,600,352
Price Per SF
$196.59
Cap Rate
5.50%
NOI
$638,019
Tenancy
Single
Building Height
1 Story
Building FAR
0.77
Lot Size
1.76 AC
Parking
150 Spaces (2.54 Spaces per 1,000 SF Leased)
Frontage
286’ on 40th St

AMENITIES

  • Signage
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Today, Jewel-Osco, founded in 1899 is a vital part of Albertsons Inc., who is proud to continue serving the Chicagoland area and beyond. In 2013, their parent company, AB Acquisition LLC, acquired Jewel-Osco from SUPERVALU. This transaction brought all Albertsons stores under singular ownership, and additionally expanded to include ACME Markets, Shaw’s and Star Markets to its growing roster of food and drug retailers. In 2015, the parent company doubled its store base through the completion of a merger with Safeway. At present, Jewel-Osco operates stores throughout the Chicagoland area, Indiana and Iowa. All their stores, no matter under which banner they operate, were founded on the philosophy of offering customers the products they want at a fair price, with lots of tender, loving care. They still open their doors every day today with that core value in mind and because of it, they run really great stores.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

U.S. Bank
Huntington National Bank
LA Fitness
Shelby's
Starbucks
BMO
Chase Bank
PNC Bank
Byline Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 19-06-100-022-0000
  • 19-06-100-024-0000
  • 19-06-100-020-0000
  • 19-06-100-021-0000
  • 19-06-100-018-0000
  • 19-06-100-019-0000
Land Assessment
$312,516
Improvements Assessment
$660,148
Total Assessment
$972,664
  • Listing ID: 33907734

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 7122 40th St, Berwyn, IL 60402

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