This document provides an offering for the sale of a newly constructed Walgreens property located in Chicago, Illinois. The 13,650 square foot Walgreens was built in 2010 and has a 25 year lease with Walgreens, an investment grade tenant. The property is located in the Mount Greenwood neighborhood of Chicago and benefits from strong demographics and traffic counts of over 41,700 vehicles per day. The offering provides investment return scenarios and financial details for purchase of the net leased Walgreens property.
Net Lease Tenant Profile Report 2019 | The Boulder GroupThe Boulder Group
The Boulder Group releases its 2019 Q3 Net Lease Tenant Profiles report. The report provides comprehensive insight into tenant lease structures and cap rates for over 70 net lease tenants.
Net Lease Tenant Profile Report 2019 | The Boulder GroupThe Boulder Group
The Boulder Group releases its 2019 Q3 Net Lease Tenant Profiles report. The report provides comprehensive insight into tenant lease structures and cap rates for over 70 net lease tenants.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market.
Net Lease Casual Dining Report 2018 | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Casual Dining Market.
net lease research report q1 2018 | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.
Net Lease Big Box Research Report | The Boulder GroupThe Boulder Group
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 4th quarter activity in the National Net Lease Big Box Market.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease QSR Market.
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the recent activity in the National Net Lease Dollar Store Market. #CRE
Avrupa Konutlari Yenimahalle - Listing TurkeyListing Turkey
Welcome to Avrupa Konutları Yenimahalle, where luxury living meets unparalleled convenience in the heart of Istanbul. Developed by Artaş Holding, one of Turkey’s leading construction companies, this prestigious residential project offers a contemporary lifestyle experience like no other.
https://listingturkey.com/property/avrupa-konutlari-yenimahalle/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...Newman George Leech
Oeiras Tech City, a historic development in the Oeiras municipality of Lisbon, is acquired by RE Capital and REIG. It is located on a 93,000-square-meter plot of land and combines co-living, business, and residential areas. It highlights ESG principles and is close to Tagus Park, which improves the urban landscape of Lisbon.
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
MC Heights-Best Construction Company in jhanglaraibfatim009
MC Heights stands as the epitome of excellence in construction within Jhang. With a commitment to unparalleled quality and innovative design, MC Heights redefines urban living in the heart of Jhang. Offering luxurious residential spaces, cutting-edge commercial complexes, and vibrant community areas, MC Heights caters to the diverse needs of modern lifestyles. Our dedication to superior craftsmanship and customer satisfaction ensures that every aspect of MC Heights exceeds expectations, making it the premier choice for those seeking unparalleled sophistication and comfort in Jhang.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
1. NET LEASED INVESTMENT OFFERING
Walgreens
3220 W. 111th Street
Chicago, IL
CONFIDENTIAL OFFERING MEMORANDUM
www.bouldergroup.com
2. TABLE OF CONTENTS
NET LEASED INVESTMENT OFFERING
TABLE OF CONTENTS
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Investment Return Scenarios
5) Site Plan
6) Aerial
7) Maps
8) Tenant Profile
9) Demographic Comparison Report
10) Location Overview
11) Contact Information
www.bouldergroup.com
3. CONFIDENTIALITY & DISCLAIMER
NET LEASED INVESTMENT OFFERING
CONFIDENTIALITY & DISCLAIMER
The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be
reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity
without the written consent of The Boulder Group. This Marketing Brochure has been prepared to provide summary,
unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not
made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject
property, the future projected financial performance of the property, the size and square footage of the property and
improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and
Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of
any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in
this Marketing Brochure has been obtained from sources we believe to be reliable; however, The Boulder Group has not
verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation
regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the
information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
www.bouldergroup.com
4. EXECUTIVE SUMMARY
NET LEASED INVESTMENT OFFERING
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a newly constructed Walgreens located in Chicago. This 13,650
square foot Walgreens was built in 2010 for a relocated Walgreens property. The property is located in the Mount Greenwood
neighborhood, which is one of seventy-seven Chicago communities and is less than fourteen miles from Downtown Chicago.
The property is located on northwest corner of 111th Street and Kedzie Avenue, which is benefitted by a traffic signal.
Additionally, this intersection has a visible Walgreen’s brick sign as well as a monument sign displaying the entryway into the
Mount Greenwood neighborhood. Both 111th Street and Kedzie Avenue are primary thoroughfares within Chicago and allow
a steady flow of traffic into the Walgreens. There are approximately 41,700 vehicles passing the site daily. The subject
property is conveniently located in between both a major Interstate and Tollway. Interstate 57 allows easy access to
downtown Chicago, while the Tri-State Tollway (294) provides access to nearby Chicagoland neighborhoods and suburbs.
One of the main attractions in Mount Greenwood is Saint Xavier University, which is home to over 5,000 students and is the
oldest university in Illinois. Major retail anchors located in close proximity to the subject asset include Dominick’s, Jewel, and
Kmart.
The rental commencement date for the Walgreens was November 1, 2010 with a 25 year lease and ten 5-year renewal
options. Walgreens’s annual rental payment is $485,000 and there are no landlord obligations in the lease. Walgreens is a
publicly traded company on the New York Stock Exchange (WAG), with a market capitalization of $35 Billion. Walgreens is an
investment grade company with a Standard & Poor’s rating of A+.
Investment Highlights
Investment grade tenant with a new long term lease Newly constructed property of a relocated Walgreens
Property is located in Chicago Located on a hard corner benefited by a traffic signal
Newly constructed property with high barriers to entry Four points of ingress-egress
Irreplaceable location along two heavily trafficked Close proximity to Saint Xavier University -
roadways in Chicago home to 5,000 students
www.bouldergroup.com
5. PROPERTY OVERVIEW
NET LEASED INVESTMENT OFFERING
PROPERTY OVERVIEW
Price: $7,238,800
Cap Rate: 6.70%
Net Operating Income: $485,000
Rental Escalations: None
Renewal Options: Ten 5-Year
Lease Commencement Date: November 1, 2010
Lease Expiration Date: October 31, 2035
Tenant: Walgreens
Credit Rating: A+
Year Built 2010
Lease Type: NNN
Rentable Square Feet: 13,650
Land Size: 1.44 acres
www.bouldergroup.com
6. INVESTMENT RETURN SCENARIOS
NET LEASED INVESTMENT OFFERING
INVESTMENT RETURN SCENARIOS
Fixed Loan Term 5-Years 10-Years 24-Years
Fixed Interest rate 5.50% 5.75% 6.45%
Amoritization 30 30 24
Loan To Value 70% 70% 70%
Equity Requirement $2,172,000 $2,172,000 $2,172,000
Net Annual Cash Flow $139,789 $130,192 $76,377
Cash on Cash Return 6.44% 5.99% 3.52%
Principal Reduction $381,991 $855,235 $5,066,600
Return on Equity 10.51% 9.93% 8.79%
(Average over loan term)
*The above are from sources deemed reliable, but we can not guarantee their accurarcy. Additionally, the terms are subject to change.
www.bouldergroup.com
7. SITE PLAN
NET LEASED INVESTMENT OFFERING
SITE PLAN
DRIVE
THRU
Monument
Sign
www.bouldergroup.com
8. AERIAL
NET LEASED INVESTMENT OFFERING
AERIAL
St. Xavier University
Ridge Country Club
41,700 VPD
W 111th St
Chicago High School
Ag Science
Marist High School
W 115th St
www.bouldergroup.com
9. MAPS
NET LEASED INVESTMENT OFFERING
MAPS
SITE
SITE
www.bouldergroup.com
10. TENANT PROFILE
NET LEASED INVESTMENT OFFERING
TENANT PROFILE
Walgreens is engaged in retail drugstore business. As of November 2010, the Company operated 8,131
locations in all 50 states, the District of Columbia, Puerto Rico and Guam. That includes 7,650 drugstores, 503
more than a year ago, including 291 stores acquired over the last 12 months. The company also operates
worksite health centers, home care facilities, and specialty and mail service pharmacies. Its Take Care Health
Systems subsidiary manages more than 700 in-store convenient care clinics and worksite health and wellness
centers. The Company’s drugstores are engaged in the retail sale of prescription and non-prescription drugs
and general merchandise. General merchandise includes, among other things, household items, personal
care, convenience foods, beauty care, photofinishing, candy, and seasonal items. Walgreens offers customers
the choice to have prescriptions filled at the drugstore counter, as well as through the mail, by telephone, and
through the Internet. In January 2010, the Company announced that it has completed the acquisition of the
assets of 12 Eaton Apothecary pharmacies.
Website: www.walgreens.com
Number of Locations: 8,131
Stock Symbol: WAG : NYSE
Standard & Poors Rating: A+
Market Capitalization: $35 Billion
www.bouldergroup.com
11. DEMOGRAPHIC COMPARISON REPORT
NET LEASED INVESTMENT OFFERING
DEMOGRAPHIC COMPARISON REPORT
Population 1-mile 3-mile 5-mile
Total Population 20,422 161,844 478,218
Total Households 7,722 58,612 163,450
Income
Median Household Income $51,003 $47,368 $42,899
Average Household Income $66,696 $63,595 $56,851
www.bouldergroup.com
12. LOCATION OVERVIEW
NET LEASED INVESTMENT OFFERING
LOCATION OVERVIEW
The subject property is located in, Mount Greenwood,
one of 77 well-defined Chicago community areas. It is a
predominantly Irish-Catholic neighborhood on the
Southwest Side of Chicago. It neighbors the Chicago
neighborhoods of Beverly and Morgan Park to the east,
the suburb of Evergreen Park to the north, the suburb of
Oak Lawn to the west, and the suburbs of Merrionette Park and Alsip to the south. Mount Greenwood is about 14 miles
(23 km) SW of the Downtown Chicago.
Mount Greenwood became part of Chicago in 1927. It was not until 1936 that the Works Progress Administration
finally laid sewage systems, and paved and lighted city streets. By the 1980s, Mount Greenwood was home to the last
surviving farm in the city, which was developed as the Chicago High School for Agricultural Sciences at the southeast
corner of 111th and Pulaski. Mount Greenwood is home to many Chicago Firefighters, Police Officers and Union
workers of Irish heritage.
Most of Mt. Greenwood's population is also Roman Catholic. Most students in the neighborhood attend Catholic
elementary schools and high schools. Mount Greenwood is home to two Catholic elementary schools (Queen of
Martyrs and St. Christina), three Catholic high schools (Brother Rice High School, Marist High School, and Mother
McAuley Liberal Arts High School) and a Catholic university (Saint Xavier University). Public grade schools in the area
are Mt. Greenwood Elementary School and George F. Cassell Elementary School. Both are filled with neighborhood
children.
www.bouldergroup.com
13. CONTACT INFORMATION
NET LEASED INVESTMENT OFFERING
CONTACT INFORMATION
666 Dundee Road | Suite 1801
Northbrook, IL 60062
Randy Blankstein Jimmy Goodman
President Partner
847.562.0003 847.562.8500
rblank@bouldergroup.com jimmy@bouldergroup.com
www.bouldergroup.com