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8800 95th StHickory Hills, IL 60457
Walgreens | Hickory Hills, IL
Asset ClassRetail
overview of deal

Overview

Introducing the prime opportunity to invest in a spacious 15,120 SF free-standing building located at 8800 W 95th St, Hickory Hills, IL. This well-maintained property surrounded by national and regional retailers, features a favorable $210,000 NOi, with a long-term lease in place until 11/30/2035, offering almost 11 years of steady returns. Situated on a generous 1.80-acre corner parcel, this property provides ample room for expansion or additional development. Recent upgrades include a new roof with a 20-year guarantee expiring on 2/7/2044 and plans for the parking lot to be restriped and resurfaced in the coming spring.

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Investment Highlights

  • Walgreens 20+ Year Operating Location with Lease Extension to 11/30/2035
  • Strong Retail Corridor on Hard Corner of W. 95th St & S. 88th Ave
  • 15 Miles from Downtown Chicago
  • Minimal Landlord Responsibilities
  • New Roof in 2024 with Warranty Through 2/7/2044
  • Parking Lot Slated to be Restriped and Resurfaced Spring 2025
  • Below Market Rent $/SF
  • Strong Demographics $100k+ Income in 1-Mile Radius
  • Walgreens is the Second-Largest Pharmacy Chain in the US. Parent Company Walgreens Boots Alliance (NASDAQ: WBA), 2024 Revenue of $147.7 Billion, Net Income $8.64 Billion
8800 95th StHickory Hills, IL 60457

Sales Team

Beth PetriCommercial Broker(630) 209-8029beth@cantoncommercial.com
Randy Petri, CIPSSenior Commercial Broker(630) 222-7690randy@cantoncommercial.com
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Listing provided by Revere CRE