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JLL is pleased to offer for sale the fee simple interest in a corporate Absolute NNN Lease to CVS Pharmacy (the “Property" or “Asset") located in Hickory Hills, IL (Chicago MSA). The Asset gives potential investors the unique opportunity to own a completely passive investment within a 20-minute drive of the Chicago CBD. With 10.5 years of term remaining, investors will enjoy investment grade stability. There is no other CVS within a 2.5 mile radius of the site, which sits in a dense residential area that is poised to benefit from tailwinds in the adjacent Bridgeview neighborhood.
- Absolute NNN CVS with 10.5 years remaining and a 15-year operating history
- Situated in Hickory Hills, 8 miles from Midway Airport and 15-miles from downtown Chicago
- No other CVS within a 2.5-mile radius
- Nearly 219,000 residents within a 5-mile radius
- Investment grade (S&P: "BBB") credit from CVS, the 7th largest global company by revenue