6010 West 87th Street Burbank, IL 60459

Listing agency Frontline Real Estate Partners a***@frontlinerepartners.com Show Phone

Listed by Matthew Tarshis · License #IL 481011744

Source Crexi

Added: Apr 10 Updated: Jul 20 at 9:33PM Checked: Jul 20 at 9:33PM

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Investment Insights

Based on property information with market context.

Freestanding, single-tenant retail property leased to Family Dollar on a net leased basis. The tenant has been at the property since 2004 and recently executed a renewal through January 31, 2020, reflecting continued occupancy. The current term’s NOI is listed as $54,176 per year and is fixed for the current five-year period, with five additional five-year extensions remaining, each including 10% base rental escalations.

The property is located in the Chicago MSA at 6010 West 87th Street, Burbank, IL 60459. The surrounding retail mix includes national and regional tenants such as Jewel-Osco, Dunkin’ Donuts, 7-Eleven, Pet Supplies Plus, GameStop, MB Financial, Shell, and Subway.

This is a single-tenant offering with a long-standing operator and extension-based base rent escalations built into the remaining renewal structure.

Key Highlights

• Freestanding single‑tenant Family Dollar net lease property in the Chicago MSA
• Family Dollar has been at the property since 2004 and executed a 5‑year renewal through January 31, 2020
• Includes five (5) remaining 5‑year extensions with 10% base rental escalations

Property Analytics

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FAQs

What type of property is this?

Retail space - Freestanding Family Dollar is net leased and has been in place since 2004 in the Chicago MSA.

Where is this retail space located?

The property is located at 6010 West 87th Street Burbank, IL.

What are key features of this property?

This property features: Freestanding single‑tenant Family Dollar net lease property in the Chicago MSA; Family Dollar has been at the property since 2004 and executed a 5‑year renewal through January 31, 2020; Includes five (5) remaining 5‑year extensions with 10% base rental escalations