145 Eastwood Dr, Woodstock, IL 60098-3519

This exceptional investment opportunity presents a fee-simple ownership of a 64,563-square-foot Albertsons grocery store in Woodstock, Illinois. Located at 145 S Eastwood Dr, 60098, this Class A property boasts a strong corporate guarantee and a remaining lease term of approximately 14.6 years, with eight five-year renewal options. The absolute triple-net (NNN) lease structure ensures zero landlord responsibilities, providing a passive income stream. The property, built in 2004 and operating continuously since then, generates a substantial net operating income (NOI) of $962,439, resulting in a compelling 5.50% cap rate. The asking price is $17,498,891, translating to $271.04 per square foot. The 414,256-square-foot lot offers significant potential, and the lease includes regular rent bumps. This single-tenant, 100% occupied property represents a secure and lucrative investment opportunity in a desirable location. The property is situated on a large lot and benefits from strong demographics and high traffic counts. This is a rare chance to acquire a well-established, high-performing asset with significant long-term growth potential. The lease commenced July 1, 2019, and expires June 30, 2039.