Strong Performing Jewel Osco Located in Oswego, IL

3795 Orchard Road, Oswego, IL

$12,600,000

Price

5.51%

Cap Rate

$694,580

NOI

Gallery
Street
Map
Overview
Cap Rate
5.51%
NOI
$694,580
Building Size
62,000 sqft
Lot Area
6.76 acres
Occupancy
100%
Lease Type
Absolute Net
Year Built
2008
Price Per Sqft
$11.20
Tenancy
Single
Parking Spots
341
Gross Leaseable Area
62000
Lease Expire Year
10/31/2037
Description

Northmarq is pleased to offer the fee simple interest Jewel Osco located in Oswego, IL (the “Property”). Jewel Osco is operating under a Absolute NNN lease expiring on October 31, 2037. The property is 100% guaranteed by Alberstons Companies Inc. and features an assumable loan for a qualified buyer. The annual rent is $694,580 with eight (8), five (5) year options with a 7.5% increase every five (5) years. The Absolute NNN lease structure provides for a passive, secure investment with zero landlord’s responsibilities.

Highlights
  • Strong Corporate Credit Guaranty
  • Assumable Loan with Favorable Term
  • Long Term Lease
  • Absolute NNN
  • Desirable Rent Increases
  • Highly Accessible Retail Trade Area
  • Favorable Demographics
  • Established, Strong Performing Store
Documents
Title
Jewel-Osco-Oswego-IL-TG-3rdParty-brevitas.pdf
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Location
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