CVS Pharmacy
700 W. Irving Park Rd, Bensenville, IL, 60106
For Sale
Property Highlights
- Re-structured lease with reduced rent
- Exceptional Demographics
- AutoZone Occupancy and CVS Credit
- Investment-Grade Tenant Backing
- Prime Retail Location with Strong Demographics
Property Details
- Price: $3,812,000
- Property Type: Retail
- Transaction Type: For Sale
- Cap Rate: 5.1%
- Building Size: 10,880 SF
- Lot Size: 1.7 AC
- Lease Type: NNN
- Space Use: Retail
- NNN Rent: $194,450
- Building: 10,880 SF free standing
- CVS Lease Expiration: 12/1/40
- Option: (5) 5-year option with 5% increases
- AutoZone Rent: $130,560
- AutoZone Term: New 15 Year Lease
- AutoZone Escalations: 8% every 5-years
Financial Summary
Investment Highlights
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income & Expenses
Income | Potential | Current |
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires | |
Totals | $ 0.00 | $ 0.00 | ||||
