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Jewel-Osco | Stickney IL 7122 40th St
59,009 SF Retail Building Berwyn, IL 60402 $11,600,352 ($197/SF) 5.50% Cap Rate
Investment Highlights
- LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE: Zero landlord obligations, with 13 years remaining on the base term
- HIGHLY DESIRABLE LOCATION: Densely populated and affluent Chicago suburb, over 543,000 residents with 5 miles of the subject site
- TOP RANKING JEWEL-OSCO: This store is the 9th MOST VISITED location nationwide, according to Placer.ai
- STRONG NATIONAL TENANCY: The most popular grocery store in Illinois, Jewel-Osco is a wholly owned subsidiary of Albertsons, with over 2,200 locations
- EXTREMELY LOW RENT-TO-SALES RATIO: The location has incredibly strong store sales, call agent for more info
Executive Summary
JEWEL-OSCO
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.
STICKNEY, ILLINOIS
Just minutes from downtown Chicago, Stickney, Illinois, offers the perfect blend of suburban tranquility and convenient access to big-city perks. As part of the Chicago Metropolitan Statistical Area (MSA), Stickney provides a family-friendly atmosphere, strong community spirit, and affordable living options—all within easy reach of Chicago’s thriving job market, cultural attractions, and diverse dining scene.
Illinois Broker of Record: Steven Weinstock
One Mid America Plaza, Ste. 200
Oakbrook Terrace, IL 60181
P: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175
Property Facts
Amenities
- Signage
- Signalized Intersection
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- 59,009 SF
- -
- Triple Net
- Oct 2037
Today, Jewel-Osco, founded in 1899 is a vital part of Albertsons Inc., who is proud to continue serving the Chicagoland area and beyond. In 2013, their parent company, AB Acquisition LLC, acquired Jewel-Osco from SUPERVALU. This transaction brought all Albertsons stores under singular ownership, and additionally expanded to include ACME Markets, Shaw’s and Star Markets to its growing roster of food and drug retailers. In 2015, the parent company doubled its store base through the completion of a merger with Safeway. At present, Jewel-Osco operates stores throughout the Chicagoland area, Indiana and Iowa. All their stores, no matter under which banner they operate, were founded on the philosophy of offering customers the products they want at a fair price, with lots of tender, loving care. They still open their doors every day today with that core value in mind and because of it, they run really great stores.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 59,009 SF | - | Triple Net | Oct 2037 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $660,148 | |
| Land Assessment | $312,516 | Total Assessment | $972,664 |
PROPERTY TAXES
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Jewel-Osco | Stickney IL | 7122 40th St
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