9438 S Ashland Ave, Chicago, IL for sale

Investment Overview

Incredible Opportunity to buy or lease this former Starbucks location! Brand new 2300 + SF Building with ample parking in a highly visible and busy strip. This property is strategically positioned as a pad site to Jewel-Osco Grocery Store, ensuring strong consumer traffic and visibility. The surrounding area is home to a variety of well-established retailers, including McDonald's, Taco Bell, Burger King, Walgreens, BMO Bank, Dollar Tree, and Dunkin' Donuts, making this location highly desirable for continued foot traffic and long-term growth. The asset is backed by a stable NN lease structure, offering minimal landlord responsibilities and ease of management. With over seven years remaining on the lease term, the investment benefits from four (4), five-year extension options, providing long-term stability. Additionally, rent increases of 10% every five years ensure steady income growth throughout the lease duration. For more information or inquiries, please contact Michael Murphy or Christopher Mauriello.

Investment Highlights

• Brand-new 2300 + SF Building
• Highly Visible Location with Ample Parking
• Surrounded By National Retailers + High Traffic Counts