5414 S Archer Ave | Chicago, IL 60638
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5414 S Archer Ave
Chicago, IL 60638
Walgreens · Retail Property For Sale
Investment Highlights
- Situated within a coveted retail corridor that boasts 100% occupancy within a one-mile radius.
- Prime corner at a hard, signalized intersection with unparalleled visibility.
Executive Summary
Guggenheim is pleased to present a premier investment opportunity at 5414 S Archer Ave, Chicago, IL—a standout 14,160 SF freestanding Walgreens strategically located in a high-traffic, high-demand urban corridor. This exceptional asset commands a prime corner at a hard, signalized intersection with unparalleled visibility and a remarkable combined traffic count of over 78,400 vehicles per day from both S Archer Ave and S Cicero Ave.
Located mere blocks from Chicago Midway International Airport, this property boasts significant exposure to a dense population of over 500,000 residents within a five-mile radius, along with a steady flow of traveler traffic. The property is set within a coveted retail corridor that boasts 100% occupancy within a one-mile radius, displaying a sustained consumer demand and a high barrier to entry. The investment includes a corporate-backed, absolute NNN lease, ensuring a secure, long-term income stream with zero landlord obligations.
Located mere blocks from Chicago Midway International Airport, this property boasts significant exposure to a dense population of over 500,000 residents within a five-mile radius, along with a steady flow of traveler traffic. The property is set within a coveted retail corridor that boasts 100% occupancy within a one-mile radius, displaying a sustained consumer demand and a high barrier to entry. The investment includes a corporate-backed, absolute NNN lease, ensuring a secure, long-term income stream with zero landlord obligations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,160 SF
Building Class
C
Year Built
2012
Price
$7,665,223
Price Per SF
$541
Cap Rate
5.50%
NOI
$421,587
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.86 AC
Zoning
B3-1 - Community Shopping District
Parking
34 Spaces (2.4 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | 19-09-411-026-0000 | Improvements Assessment | $105,440 |
| Land Assessment | $21,910 | Total Assessment | $127,350 |
PROPERTY TAXES
Parcel Number
19-09-411-026-0000
Land Assessment
$21,910
Improvements Assessment
$105,440
Total Assessment
$127,350
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