Family Dollar
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

CONTACT US REGARDING THIS LISTING

Richard G. Ludwig

Senior Director

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PROPERTY ADDRESS

17829 Burnham Ave., Lansing, IL 60438

PROPERTY INFORMATION

Price:
$1,106,667
Cap Rate:
7.50%
Term Remaining:
9 Years
Status:
Closed

INVESTMENT SUMMARY

– NN Leases Guarantee Minimal Landlord Responsibilities
– Tenant Recently Extended Lease Ending 2018 Out to 2026
– Tenant has Occupied Property Since October, 2001
– Lease Features Four, Five-Year Options Remaining to Extend
– Lease Guaranteed by Rite Aid Corporation | S&P “B” Credit Rating