JEWEL-OSCO

INVESTMENT HIGHLIGHTS

• INVESTMENT GRADE TENANT – Property features a 13-year lease with a corporate guarantee from Albertsons Companies, which ranks number 53 on the Fortune 500 list
• ATTRACTIVE ASSUMABLE DEBT – This property has assumable financing available at a 4.38% interest rate. The loan is coterminous with the lease term (13 years).
• COMPLETELY PASSIVE INVESTMENT – The lease is absolute NNN (no landlord responsibilities). Lease features 7.5% rental Increases every five years. Strong hedge against inflation.
• STRONG DEMOGRAPHICS – 250,000+ people within a 5-mile radius, providing a great target market of grocery shoppers. Average HH Income within a 2-mile radius is $117,000+. With monthly visits of 76,505 people, the location ranks in the upper 77th percentile of Jewel Osco’s nationwide (Alphamap).
• RESILIENCE TO ECONOMIC CYCLES – Grocery retail is considered recession-resistant, as consumers prioritize spending on essential goods even during economic downturns. This resilience enhances the property’s stability and mitigates downside risk for investors.
• MODERN GROCERY STORE FORMAT – The property, built in 2012, features a modern store layout, a convenient drive-thru pharmacy, and offers abundant parking with over 290 spaces available.