CVS Pharmacy (Ground Lease)

2360 W Indian Trail - Aurora (Chicago) IL 60506

LTV (Loan to Value)	65.00%	Current NOI	$140,000.00
Interest Rate	4.250%	Capital Rate	5.000%
Fixed Term	10 Years	Land Area	1.69 Acre
Amortization	25 Years	Lease Type	Absolute NNN (GL)
Loan Amount	$1,820,000.00	Property Type	Retail
Payment	$9,859.63	Property Lease	Drug Store
Bulding Size	13,013 SF	Remaining Terms	+/- 16 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in CVS Pharmacy Ground Leased property located on the southeast corner of W Indian Trail Road and Orchard Road in Aurora, IL (the “Property”). The ground leased Property was improved with the construction of a CVS Pharmacy, completed in 2005.

Highlights

Approx. 16 Years Base Lease Term Remaining – The ground leased Property was improved with the construction of a CVS…

Property Description

The City of Aurora is located predominantly in Kane County, with sections in DuPage, Kendall, and Will counties, in the outer region of the greater Chicago area, in the State of Illinois. Aurora is the second most populous city in the state, with an estimated population of 200,000 in July 2013. Aurora is known as the “City of Lights,” because it was one of the first cities in the United States to implement an all-electric street lighting system in 1881. It is located approximately 40 miles west of downtown Chicago, and 35 miles from O’Hare International Airport. Chicago is the largest city in the state of Illinois and the third most populous city in the U.S. The city has approximately 2.7 million residents. Its metropolitan area, sometimes called Chicagoland, is the third-largest in the U.S., after New York City and Los Angeles, with an estimated 9.8 million people.