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    Naperville Jewel-Osco Net-Lease Investment Title is generated by Realmo AI

    1759 W Ogden Ave, Naperville, IL 60540

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    Long-term net lease investment opportunity in Naperville, Illinois.

    Type:Retail
    Property size:
    65,083 SF
    Price / SF:
    $224/SF
    Added:
    Nov 18, 2024
    Days on Market:
    570
    Last Refresh:
    May 12 at 10:26 pm

    Property Features for 1759 W Ogden Ave

    General Information

    Standard status
    Active
    Size
    65,083 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1994

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    Listing Contact
    Lior Regenstreif

    Listing agent Lior Regenstreif License #CA 01267761

    Listing office Marcus & Millichap - Encino

    Listing date Nov 18, 2024

    Source Crexi

    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 Marcus & Millichap - Encino

    HighLights

    • Long‑term absolute net lease with Jewel‑Osco, a leading national tenant.
    • Jewel‑Osco is Illinois' leading supermarket chain with market dominance in the Chicago MSA.
    • Strong store sales and an extremely low rent‑to‑sales ratio.
    • Located in the highly desirable Chicago neighborhood of Naperville.
    • Jewel‑Osco is a subsidiary of Albertsons (NYSE:ACI) since 1999.
    • Built in 1994.

    Overview

    This passive net-lease opportunity allows a qualified buyer to invest in a leading, national tenant with a long-term absolute net lease in a desirable Chicago neighborhood. The property is located in Naperville, Illinois, within the Chicago Metropolitan Statistical Area (MSA). Naperville combines a close-knit community with the dynamic energy of a major metro region. As one of the largest suburbs of Chicago, Naperville benefits from access to business opportunities, a skilled workforce, and the cultural richness of a globally renowned city. The location has strong store sales and a low rent-to-sales ratio. Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana. Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share. Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999. The property size is 65083 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jewel-Osco Grocery & Convenience Store Jewel-Osco Deli Food Market Redbox Cinema FedEx OnSite Postal Service Starbucks Cafe & Coffee Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Target Grocery — 1951 W Jefferson Ave, Naperville, IL 60540
    • Patel Brothers — 1568 W Ogden Ave, Naperville, IL 60540
    • Jewel-Osco — 1759 W Ogden Ave, Naperville, IL 60540

    Location Insight

    • Map
    • Local Demand
    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.1878012
    Latitude
    41.7632069

    FAQs

    What type of property is this?
    Grocery and convenience store - Long-term net lease investment opportunity in Naperville, Illinois.
    Where is this grocery and convenience store located?
    The property is located at 1759 W Ogden Ave Naperville, IL.
    What is the asking price?
    The asking price for this property is $14,586,540.
    What are key features of this property?
    This property features: Long‑term absolute net lease with Jewel‑Osco, a leading national tenant.; Jewel‑Osco is Illinois' leading supermarket chain with market dominance in the Chicago MSA.; Strong store sales and an extremely low rent‑to‑sales ratio.
    More about this property
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