12854 S Ashland Ave, Calumet Park, IL
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Landlord Responsibilities:
Lease Expiration Date:
Approx. 11.5 years
Renewal Options:
12, Five-year
Building Sq. Ft.:
3,600 SF
Rent Increases:
5% every 5 years
Site Size:
1.32 Acres

Investment Highlights

  • Long Term Commitment: Absolute NNN lease with 11.5+ years remaining.
  • Increases Throughout Lease Term:  Lease calls for 5% rental increases every 5 years throughout the base term providing a hedge against inflation.
  • Investment Grade Credit: Walgreens is S&P Rated BBB- providing long-term security.
  • Highly Populated Submarket: Located in a dense market with a population of over 126,000 within a 3-mile radius.
  • Well Situated: Positioned near the exit of interstate 57 which has a traffic count of 102,000 VPD.
  • Strong Retail Trade Area: Neighboring retailers include Planet Fitness, Aldi, Advanced Auto, McDonalds and many more.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]

Broker of Record: Jonathan Wolfe, Lic: 471017515

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