- For Sale $2,499,000
- Property Type Retail
- Property Size 2,354 SF
- Lot Size 0.54 Acre
- Year Built 2022
- Date Updated Apr 30, 2026
Description
Located in Cook County, Chicago.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.
Highlights
- Brand-new 2300 + SF Building
- Highly Visible Location with Ample Parking
- Surrounded By National Retailers + High Traffic Counts
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Contacts
Michael G. Murphy
Douglas Elliman Commercial - Long Island
Location
Located at 9438 S Ashland Ave, Chicago, IL 60620, this property is part of the Brainerd neighborhood and Chicago market.
Contact Listing Broker
Michael G. Murphy
Douglas Elliman Commercial - Long Island