43,124 Square Foot Retail Space For Sale @ 650 W 63rd St

. Walgreens Corporate Lease - 11+ Years Remaining, Strong Sales Year Over Year
. Double Net Lease - Minimal Landlord Responsibilities
. Walgreen Co. - BBB Investment Grade Credit Rating by Standard & Poors
. 337,000+ Population Within 3 Mile Radius
. Newer Built 2007 Class A Construction
. Walking Distance to Kennedy-King College; Over 12,000 Students

The Jonna Group of Marcus & Millichap is pleased to present a double net (NN) leased Walgreens Pharmacy, located in the iconic city of Chicago, Illinois. This is a corporate backed Walgreens comprised of 15,120-square feet on approximately 1 acre of land. Walgreens has 11+ years remaining on their base 20 year lease which includes 10 - (5) year renewal options. The property is strategically situated on the signalized hard corner intersection of West 63rd Street and South Union Avenue with immediate access to interstate I-94 exit/entrance ramps and walking distance to Kennedy-King College with over 12,000 in student enrollment. The immediate region is densely populated with 337,000+ people including over 117,000 households in a three mile radius. This exceptional investment provides an investor strong stable cash flow from the largest pharmacy in the United States. Surrounding area retailers include: Brand New Englewood Square Development with Whole Foods Market, Starbucks, Chipotle & PNC Bank. Englewood Square is part of a larger 13-acre development being developed in the near future.