Lombard 3-Tenant Medical/Retail Strip
2830 South Highland Avenue, Lombard, IL, 60148, US
1,958 sm
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Sam’s Club located at 1006 N Rohlwing Rd, Addison, IL (the “Property” or “Asset”). Sam’s Club is operating on an absolute NNN lease with ±6.2 years of primary lease term remaining, with six, five-year options with a 5% rent increase at the exercise of the first extension.
...
Attributes
Asking price
₱1,030,542,000
Cap rate
5.75%
NOI
₱59,249,000
Building area net
10,580 sm
WALT
6.2 years
Land area gross
5.13 ha
Media
Investment highlights
- Freestanding Sam's Club with a Walmart corporate guaranty
- Absolute NNN with zero Landlord responsibilities
- ±6.2 Years of term remaining
- $133K average household income within a 5-mile radius
- Direct accessibility to I-355 with over 202K VPD
- Positioned within Lake Addison Plaza (Sam's, Walmart, Aldi), that collectively generate more than 4.1 million combined visits annually (Placer.ai).
- Sam's Club: $90B in reported annual revenue
- #2 Warehouse Club Retailer in the U.S.
Contact brokers
Sam's Club - Addison, IL (0 Properties)
