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Absolute NNN Property
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19900 LaGrange Rd, Frankfort, IL 60423

A newly executed lease provides absolute NNN structure without a rent holiday.

Property SizeContact for details
Days on Market143

Property Features for 19900 LaGrange Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.3%
Listing Agency: Net Leased Advisors
Listed By: Matt Ragland · License #TX 646825
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:15PM

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 Net Leased Advisors

Investment Insights

Based on property information with market context.

The property is identified as a CVS Pharmacy at 19900 LaGrange Rd in Frankfort, Illinois. Its lease structure is absolute NNN, with a brand-new lease and no rent holiday.

The offering carries a 6.30% cap rate. The asset’s address places it on LaGrange Road in the Frankfort market.

Key Highlights

  • Absolute NNN lease structure
  • 6.30% cap rate
  • Brand‑new lease with no rent holiday

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Building Supply Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,013
Businesses Nearby
201k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 47% Dining 36% Shops & Services 14% Home Improvements & Furnishings 2%
Jewel-Osco Groceries
46,435 visits/mo 0.1 miles
Mariano's Groceries
44,760 visits/mo 0.3 miles
McDonald's Dining
28,686 visits/mo 0.2 miles
BP Shops & Services
12,919 visits/mo 0.1 miles
Buona Dining
11,595 visits/mo 0.3 miles

Demographics for 60423, IL

32,784
Population
11,494
Households
2.9
Avg Household Size
42
Median Age
48%
College-Educated
97%
High-School Grad
37.9 sq mi
ZIP Area
865
Density / Sq Mi
$137,651
Median Household Income
$63,686
Median Earnings
$1,455
Median Rent
$376,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - A newly executed lease provides absolute NNN structure without a rent holiday.
Where is this nnn property located?
The property is located at 19900 LaGrange Rd Frankfort, IL.
What are key features of this property?
This property features: Absolute NNN lease structure; 6.30% cap rate; Brand‑new lease with no rent holiday
More about this property
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