CVS Retail Condo
Chicago, IL 60625-1413
4800 N Damen Ave Logo Image
4800 N Damen Ave
Chicago, IL 60625-1413
  • Asking Price: $5,165,000
  • Cap Rate: 5.80%
  • Lease Type: NNN
  • Status: Under Contract

NNN Lease with Rent Increases – CVS has 9.5 years remaining with four, 5-year options and 10% rent escalations in the options • Easy Access to Public Transit – 5 CTA ‘L’ stations with 1 mile providing over 4.82M passengers in the area • Signalized Hard Corner – CVS is located at the signalized hard corner of N. Damen Ave and W. Lawrence Ave, combining for 37,400 VPD • Rare Parking and Drive-Thru – CVS has 20 reserved parking spaces and a drive-thru providing excellent access for customers • Dense Chicago Location – Approximately 63,000 residents with an average household income of $98,000 within 1 mile • Investment Grade Credit Tenant – CVS is rated BBB by S&P and has annual revenue in excess of $184B