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2000 S Naperville Rd Wheaton, IL 60189

For Sale
$6,550,000

25-year NNN lease with investment-grade CVS tenant.

Property size:
13,273 SF
Lot size:
1.69 Acres

Property Features for 2000 S Naperville Rd

General Information

Size
13,273 SF
Lot size
1.69 Acres

Source: Sandor/Sand Capital | Arizona Agent Jay D. Stein

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

CVS NNN Investment Opportunity

This property features a triple-net (NNN) lease structure, assigning all maintenance and repair responsibilities, including roof and structure, to the tenant. The tenant, CVS, holds investment-grade credit and demonstrates strong financials. The property is under a long-term, 25-year lease, which includes options for 10 additional five-year extensions. Constructed between 2016 and 2017, the property benefits from assumable self-amortizing financing with a fixed 3.901% interest rate. The debt structure allows for limited equity investment and can generate passive losses that may offset taxable income from other investments. The structure also allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt. The property is located in Wheaton, IL.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

CVS Photo Print Shop CVS Drug Store CVS Pharmacy Pharmacy MoneyGram Money Transfer Service Kazvin Marfatia Pharmacy

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wheaton
County
DuPage
State
Illinois
Longitude
-88.1032458
Latitude
41.8336729

FAQs

What type of property is this?
Drug store - 25-year NNN lease with investment-grade CVS tenant.
Where is this drug store located?
The property is located at 2000 S Naperville Rd Wheaton, IL.
What is the asking price?
The asking price for this property is $6,550,000.
What are key features of this property?
This property features: - Strong Credit Tenant: CVS, with its investment-grade credit rating (S&P: BBB) and robust financials, guarantees a dependable income stream.; - Long-Term Lease: Benefit from a **25-year lease with 10 five-year extension options**, securing stable, long-term cash flow.; - Zero Cash Flow Financing: Take advantage of assumable self-amortizing financing featuring a below-market fixed interest rate of 3.901%.
More about this property
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