7122 40Th StStickney, IL 60402

This exceptional investment opportunity presents a fee-simple ownership of a 59,009 square foot Jewel-Osco grocery store located at 7122 40th St, Stickney, IL 60402. The property sits on a 5.18-acre lot and boasts a strong 100% occupancy rate under a 20-year absolute NNN lease with Albertsons Companies, a credit-rated tenant with a corporate guarantee. The lease commenced on October 30, 2017, and has a remaining term of 13 years, expiring October 30, 2037. Rent increases are built in, with a 7.5% bump every five years. The property features 8 x 5 lease options. Built in 1996 and renovated in 2012, this location offers a compelling investment profile with a Net Operating Income (NOI) of $638,019 and a 5.50% cap rate. The asking price is $11,600,352, translating to a price per square foot of $196.59. This Jewel-Osco store is situated in a highly desirable Chicago suburb, within a densely populated area. The property benefits from incredibly strong store sales and an extremely low rent-to-sales ratio. This is a passive investment opportunity with zero landlord obligations, providing a secure and stable income stream for years to come. The property is located in Cook County, Illinois, within the Chicago Metropolitan Statistical Area.