Recent Lease Extension | Trophy Retail Site

The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire the single tenant net leased Best Buy in Homewood, IL. Best Buy (NYSE: BBY) operates over 1,200 stores across the United States and Canada and has an investment grade credit rating of BBB from S&P. This store has successfully operated at this location for twenty years and has three 5-year option periods remaining with $0.50 PSF rent increases every option period. In 2026, Best Buy exercised their first option period demonstrating the profitability of this store and Best Buy’s commitment to this location. With limited landlord responsibilities, this asset is ideal for an investor seeking long-term cashflows.

The 30,000 SF building on 2.46-acre parcel is an anchor to Washington Park Plaza, opposite The Home Depot & Jewel-Osco shopping center and adjacent to McDonald’s. The subject property is positioned along Halstead Street, which sees over 35,400 VPD, and is Homewood’s busiest retail corridor. Nearby retailers include Menard’s, Target, T.J. Maxx, Ross Dress for Less, Bank of America, Walgreens, McDonald’s, Chick-fil-A, Chipotle, Panera Bread, Starbucks, Panda Express, Wendy’s, Popeyes and more.

Don’t miss out on this opportunity to purchase a net leased Best Buy in the Chicago MSA (population exceeding 9.4 million) with long term operating history, a recent lease extension, 15 years in option periods remaining and limited landlord responsibilities.

Available