main image

NNN JEWEL-OSCO | RARE 20-YR EXTENSION

$9,328,000 | 5.50%

logo

507 E Woodlawn Avenue
La Grange Park, Illinois 60526

Download OM

Features

  • Extremely Rare 20-Year Lease Extension Through May 2044 with Chicagoland’s #1 Grocer
  • Jewel has Continuously Operated at this Location Since 1964 (Successful 60-Year History)
  • High Performing Grocer with Exceptional Store Sales Showing Continual Upward Trend
  • Tenant Will be Remodeling the Interior of the Store in Addition to Parking Lot and Landscaping
  • Tenant is Paying a Modest Rental Rate of $11.00 per Square Foot | Ideal Rent-to-Sales Ratio
  • Average Household Income Exceeds $142,000 within a One Mile Radius

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com

* Broker of Record: Steven Weinstock

View All Listings