CVS – Orland Park, IL

CVS
11201 W 143rd St, Orland Park, IL 60467, USA

Sands Investment Group is pleased to exclusively offer for sale a 12,911 SF CVS Absolute NNN Asset located at 11201 W 143rd Street in Orland Park, IL. The property sits on a 1.96-acre hard-corner, signalized parcel and features an Absolute Triple NNN (NNN) Lease with CVS, including an upfront 1:1 escrow account fully covering the rent holiday period.

  • Absolute Triple Net (NNN) Lease with zero landlord responsibility and drive-thru equipped.
  • CVS Health Corporation maintains an investment-grade credit rating, with S&P Global at BBB, while operating approximately 9,028 retail pharmacy locations across the United States, with full-year 2025 projections of around $270 billion.
  • Full rent holiday amount delivered upfront in the form of an interest-bearing escrow account ($1,073,268).
  • This drive-thru-equipped location benefits from nearly 20 years of established CVS operations.
  • Less than 2 miles from the subject property, a massive $120 million mixed-use development is underway in downtown Orland Park, featuring new restaurants, retail, fitness facilities, daycare centers, and more.
  • Orland Park boasts exceptional demographics, with an average household income exceeding $145,000 within a 2-mile radius.
  • Orland Park serves as the region’s premier retail hub, attracting consumers from across the area with a wide variety of national retailers, including Whole Foods, Meijer, Jewel-Osco, Home Depot, Menards, The Apple Store, Target, and Lululemon, among many others.

 

In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429

CVS
11201 W 143rd St, Orland Park, IL 60467, USA

CVS Pharmacy

CVS Pharmacy is the second-largest pharmacy chain in the United States. There are over 9,000 CVS Pharmacy locations in the United States. The state with the most CVS Pharmacy locations in the US is California, with 1,154 locations, which is 11% of all CVS Pharmacy locations in America. The company was founded in Lowell, Massachusetts, and originally named the Consumer Value Store. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations and total prescription revenue. As the retail pharmacy division of CVS Health, it ranks as the 12th largest company in the world, serving 5 million customers each day.
CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards, and convenience foods through their CVS Pharmacy and Longs Drugs retail stores. It also provides healthcare services to more than 1,100 MinuteClinic medical clinics in 33 states, including the District of Columbia. As a pharmacy innovation company, CVS focuses on charitable giving in ways that will help people on their path to better health by improving health outcomes and building healthier communities. Their in-store fundraising campaigns, in-kind donations, and corporate grants provide support for national nonprofit partners that are focused on helping people on their path to better health.

Price

$5,545,000

Cap Rate

8.00%

PREMISES

12,911 SF

RENEWAL OPTIONS

10 x 5 Year Options

Lease Expiration

01/31/2032

Lease Type

Absolute NNN

BROKERS

List with SIG

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