CVS Pharmacy with
For Sale
Contact for pricing
Pending
7200 Cermak Rd, North Riverside, IL 60546
Corporate-guaranteed absolute NNN tenancy and an on-site pharmacy drive-thru support a long-term retail configuration.
Property SizeContact for details
Days on Market143
Property Features for 7200 Cermak Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
John Redfield · License #CA 01928036
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 31 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple drugstore property is occupied by CVS Pharmacy under an absolute NNN lease with a corporate guarantee from CVS Health, rated BBB by S&P. Approximately 17 years remain in the initial term, followed by 10 (5-year) extension options. The lease assigns zero landlord responsibilities, and the building includes a pharmacy drive-thru and multiple monument signs.
The property sits at the signalized intersection of W. Cermak Rd. and Harlem Ave. in North Riverside, within the Chicago MSA. The two roads carry a combined average of 64,800 vehicles daily, while nearby ramps provide access to Interstate 290, which records 176,600 VPD. North Riverside Park Mall is within walking distance and contains 1,111,300 SF with more than 120 retail, dining, and entertainment offerings. Costco Wholesale and a Walmart Supercenter are positioned nearby, with additional retail centers and national tenants throughout the surrounding corridor.
The site is less than 2 miles east of a medical complex containing more than 790 beds, and the 5-mile trade area includes 647,400 residents and 202,700 daytime employees.
The property sits at the signalized intersection of W. Cermak Rd. and Harlem Ave. in North Riverside, within the Chicago MSA. The two roads carry a combined average of 64,800 vehicles daily, while nearby ramps provide access to Interstate 290, which records 176,600 VPD. North Riverside Park Mall is within walking distance and contains 1,111,300 SF with more than 120 retail, dining, and entertainment offerings. Costco Wholesale and a Walmart Supercenter are positioned nearby, with additional retail centers and national tenants throughout the surrounding corridor.
The site is less than 2 miles east of a medical complex containing more than 790 beds, and the 5-mile trade area includes 647,400 residents and 202,700 daytime employees.
Key Highlights
- CVS Health corporate guarantee with an S&P BBB rating
- Absolute NNN lease with zero landlord responsibilities
- Approximately 17 years remaining in the initial term and 10 (5‑year) extension options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
421k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 52%
Groceries 17%
Shops & Services 13%
Electronics 10%
JCPenney
Apparel
89,497 visits/mo
0.4 miles
Kohl's
Apparel
70,646 visits/mo
0.5 miles
Burlington
Apparel
58,347 visits/mo
0.5 miles
Best Buy
Electronics
40,703 visits/mo
0.5 miles
Aldi
Groceries
37,276 visits/mo
0.2 miles
Demographics for 60546, IL
16,819
Population
6,913
Households
2.4
Avg Household Size
42
Median Age
57%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
4,205
Density / Sq Mi
$109,933
Median Household Income
$66,445
Median Earnings
$1,331
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Gain goddess Co — 2821 S Harlem Ave Ste 8, Berwyn, IL 60402
- Costco Pharmacy — 2500 S Harlem Ave, North Riverside, IL 60546
- Guadalupe Guzman — 7201 W 24th St, North Riverside, IL 605461591
- Teresa Kuchta — 7201 W 24th St, North Riverside, IL 605461591
- Nian Liu — 7200 W Cermak Rd, North Riverside, IL 605461402
Frequently Asked Questions
What type of property is this?
Drug store - Corporate-guaranteed absolute NNN tenancy and an on-site pharmacy drive-thru support a long-term retail configuration.
Where is this drug store located?
The property is located at 7200 Cermak Rd North Riverside, IL.
What are key features of this property?
This property features: CVS Health corporate guarantee with an S&P BBB rating; Absolute NNN lease with zero landlord responsibilities; Approximately 17 years remaining in the initial term and 10 (5‑year) extension options
