Chicago, Illinois – Net Lease Properties has information on a single tenant net leased CVS. CVS is a great Tenant to have for your Net Lease Investments. CVS Caremark Corporation is an integrated pharmacy services provider, combining a United States pharmaceutical services company with a United States pharmacy chain. CVS Caremark provides pharmacy services through its over 7,000 CVS pharmacy and Longs Drugs stores.
This Net Lease Investment with 10 + years left on its CVS net lease sold for $3,630,000. A net leased investment brokerage firm put the deal together for the sale of this single tenant net leased CVS with a ground lease. We are seeing more Ground Lease NNN Properties coming on the market.
This Net Leased Property is located at 6355 West Belmont Avenue in Chicago, Illinois. The Investment Property is leased 100% to CVS on a long term lease. The seller of this Net Lease Investment was a private Chicago developer.
Net Lease Properties, especially “NNN” Triple Net Leased Properties are still in high demand with commercial real estate Investors. The Buyer of this Net Lease Investment was a New York based institutional real estate company.
This Commercial Property is about 10,880 square feet and was built in 2007. The Commercial Property Lot Size is approximately 0.65 Acres. The Net Lease Investment property is located just over 10 miles northwest of the center of downtown Chicago and almost eight miles southeast of O’Hare International Airport. The Investment Propertyis roughly half a mile from two high schools and the Brickyard Mall. The Brickyard Mall is a 250,000 plus square foot power center leasing to anchors Jewel-Osco Supermarket, Target, Lowe’s, Marshalls, Home Depot, Babies ‘R Us and Sports Authority.
Triple Net Lease Properties & Commercial Loans
Feel free to Contact us HERE to purchase various net lease investments. Also Contact us HERE to sell your existing Net Lease Properties portfolio. We have relationships with plenty of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.
If you are ready to purchase a Net Leased Property, Loanrise.com can assist you with CTL Financing or Commercial Loans or Non Recourse Loans.