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SRS National Net Lease Group

Chicago Team

About Company

As the exclusive net lease capital markets team at SRS Real Estate Partners, we leverage the insight of more than 285 retail professionals who represent more than 1,200 clients and more than 50 million square feet of retail and commercial space across North America. With more than 25 offices and the experience from more than $5.5 billion in 2021 transaction volume alone, we deliver a greater depth of knowledge within any sub-market to give our clients a unique advantage with their net lease investments.

125 S Wacker Dr Suite 1910 Chicago, IL 60606

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5380 Northwest Highway, Crystal Lake, IL , 60014
  • Size SF24,593
  • Built/Renov2000
  • Price/SF$245
  • Lease Start01-17-2020
  • Rent/SF$14.71
  • Lease Type Double NN
  • Lot/AC2.66
  • Pop 5MI125,059

6,030,000

  • Cap Rate 6.00%
  • NOI $361,782
  • R. Term/Yrs 10.2
  • Guarantor Corporate
  • # Units 45
  • Oversized lot

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • Tenant Binny's Beverage Depot
  • Guarantor Corporate
  • #Units 45
  • Stock Private
7430 Southwest Archer Road, Gainesville, FL , 32608
  • Size SF12,900
  • Built/Renov2009
  • Price/SF$597
  • Lease Start01-01-2010
  • Rent/SF$37.32
  • Lease Type Abs NNN
  • Lot/AC1.69
  • Pop 5MI98,357

7,703,000

  • Cap Rate 6.25%
  • NOI $481,428
  • R. Term/Yrs 10.1
  • Guarantor Corp R + T
  • # Units 9,395
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Highway location

  • Major MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
520 Veterans Memorial Drive, Livingston, IL , 62058
  • Size SF9,002
  • Built/Renov2019
  • Price/SF$142
  • Lease Start03-01-2019
  • Rent/SF$9.58
  • Lease Type NN+
  • Lot/AC1.12
  • Pop 5MI8,520

1,277,000

  • Cap Rate 6.75%
  • NOI $86,224
  • R. Term/Yrs 9.3
  • Guarantor Corp R + T
  • # Units 19,986
  • Hard corner intersection

  • Build to suit

  • Near major nationals

  • Strategically located

  • Freeway close

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
244 North Lake Drive, Prestonsburg, KY , 41653
  • Size SF2,500
  • Built/Renov2023
  • Price/SF$664
  • Lease Start06-22-2023
  • Rent/SF$41.52
  • Lease Type Abs NNN
  • Lot/AC0.72
  • Pop 5MI10,645

1,661,000

  • Cap Rate 6.25%
  • NOI $103,800
  • R. Term/Yrs 8.7
  • Guarantor Corp R + T
  • # Units 13,532
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Hospital close

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
740 Kentucky 15, Jackson, KY , 41339
  • Size SF2,500
  • Built/Renov2023
  • Price/SF$662
  • Lease Start02-16-2023
  • Rent/SF$41.40
  • Lease Type Abs NNN
  • Lot/AC1.08
  • Pop 5MI5,924

1,656,000

  • Cap Rate 6.25%
  • NOI $103,500
  • R. Term/Yrs 8.3
  • Guarantor Corp R + T
  • # Units 13,532
  • New construction

  • New prototype

  • Dense retail corridor

  • Near major nationals

  • Hospital close

  • Highway close

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
411 West Stockton Street, Edmonton, KY , 42129
  • Size SF2,500
  • Built/Renov2023
  • Price/SF$695
  • Lease Start02-09-2023
  • Rent/SF$43.44
  • Lease Type Abs NNN
  • Lot/AC0.70
  • Pop 5MI4,645

1,738,000

  • Cap Rate 6.25%
  • NOI $108,600
  • R. Term/Yrs 8.3
  • Guarantor Corp R + T
  • # Units 13,532
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
5888 North Port Washington Road, Glendale, WI , 53217
  • Size SF6,760
  • Built/Renov1991
  • Price/SF$633
  • Lease Start11-01-1991
  • Rent/SF$38.00
  • Lease Type NN+
  • Lot/AC0.20
  • Pop 5MI274,541

4,281,000

  • Cap Rate 6.00%
  • NOI $256,880
  • R. Term/Yrs 7.10
  • Guarantor Corp R + T
  • # Units 2,274
  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant US Bank
  • Guarantor Corp T and Rated
  • #Units 2,274
  • Moody's/S&P A2/ A+
  • Stock NYSE: USB
2366 Harding Highway, Lima, OH , 45804
  • Size SF14,406
  • Built/Renov2004
  • Price/SF$278
  • Lease Start03-01-2004
  • Rent/SF$20.48
  • Lease Type Abs NNN
  • Lot/AC1.45
  • Pop 5MI52,109

4,000,000

  • Cap Rate 7.38%
  • NOI $295,000
  • R. Term/Yrs 4.3
  • Guarantor Corp R + T
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
385 East North Avenue, Northlake, IL , 60164
  • Size SF4,862
  • Built/Renov1968/2022
  • Price/SF$345
  • Lease Start04-01-2022
  • Rent/SF$24.99
  • Lease Type Abs NNN
  • Lot/AC0.46
  • Pop 5MI358,722

1,676,000

  • Cap Rate 7.25%
  • NOI $121,500
  • R. Term/Yrs 12.4
  • Guarantor Franchisee
  • # Units 6
  • Recent renovation

  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • ...
  • Tenant Meineke
  • Guarantor Franchisee
  • #Units 6
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN
9640 South Cicero Avenue, Oak Lawn, IL , 60453
  • Size SF2,200
  • Built/Renov1961/2022
  • Price/SF$762
  • Lease Start12-01-2023
  • Rent/SF$55.23
  • Lease Type Abs NNN
  • Lot/AC0.39
  • Pop 5MI479,995

1,676,000

  • Cap Rate 7.25%
  • NOI $121,500
  • R. Term/Yrs 14.0
  • Guarantor Franchisee
  • # Units 6
  • Recent renovation

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Tenant Meineke
  • Guarantor Franchisee
  • #Units 6
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN
835 West Galena Avenue, Freeport, IL , 61032
  • Size SF12,023
  • Built/Renov1991
  • Price/SF$136
  • Lease Start11-01-1991
  • Rent/SF$9.53
  • Lease Type Double NN
  • Lot/AC0.98
  • Pop 5MI28,306

1,636,000

  • Cap Rate 7.00%
  • NOI $114,545
  • R. Term/Yrs 1.11
  • Guarantor Corp R + T
  • # Units 13,532
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Highway location

  • Major MSA

  • Recently extended lease

  • Strong sales history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
5801 Brooklyn Boulevard, Brooklyn Center, MN , 55429
  • Size SF14,662
  • Built/Renov2005
  • Price/SF$426
  • Lease Start12-01-2006
  • Rent/SF$24.06
  • Lease Type Abs NNN
  • Lot/AC1.53
  • Pop 5MI319,139

6,243,000

  • Cap Rate 5.65%
  • NOI $352,718
  • R. Term/Yrs 7.1
  • Guarantor Corp R + T
  • # Units 9,395
  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Freeway close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
1549 Lake Park Drive, Germantown, IL , 62245
  • Size SF9,014
  • Built/Renov2009
  • Price/SF$127
  • Lease Start12-01-2009
  • Rent/SF$8.73
  • Lease Type Double NN
  • Lot/AC1.43
  • Pop 5MI10,520

1,149,000

  • Cap Rate 6.85%
  • NOI $78,726
  • R. Term/Yrs 5.0
  • Guarantor Corp R + T
  • # Units 19,986
  • Hard corner intersection

  • In location for years

  • Highway location

  • Affluent suburb location

  • Long operation history

  • Recently extended lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG

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