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OAK STREET HEALTH | 20-YEAR NNN LEASE | ACQUIRED BY CVS

$3,919,650 | 6.00%

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6918 West Archer Avenue
Chicago, Illinois 60638

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Under Contract

Features

  • Newly Renovated Oak Street Health Clinic in a Dense Chicago Neighborhood
    • The Clinic is Currently Undergoing a Complete Renovation, Including a New Roof, Exterior Façade Improvement, and Significant Interior Renovations
  • Oak Street Health was Acquired by CVS Health for $10.6 Billion, Becoming Part of CVS Health’s Recently Formed Health Care Delivery Organization
  • New 20-Year NNN Lease | 10% Rental Increases Every Five Years
  • Conveniently Situated on a Heavily Traveled Road | 32,200 Vehicles per Day
    • 0.3 Miles from the Archer Avenue and Harlem Avenue Intersection | 83,700 Vehicles per Day
  • An Abundance of Public Transportation Options Nearby
  • Attractive Demographics Surrounding Subject Property
    • 129,364 People Live Within Three Miles | Average Household Income of $94,249 Within One Mile
  • In Close Proximity to Chicago Midway International Airport and SeatGeek Stadium

Contact

AUSTIN WEISENBECK
Senior Managing Director
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
* Broker of Record: Steven Weinstock

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