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3200 Flossmoor Road, Flossmoor, IL, 60422

CVS

$5,277,143

Key Information

Cap Rate
7%
$ per SF
$399
Tot. SF
13,225
Lot Size
1.65 Acres
Year Built
2007
Term Remaining
±9.7 years
Type
Retail
NOI
$369,400

Highlights

• Strong Foot Traffic: This location is in the 100th percentile locally for foot traffic. Strategically situated at a signalized intersection leading to 23,000 visits per month, placing this location in the 88th percentile in the state, 78th percentile in the country.
• Healthcare Corridor: The property sits within 1.6 miles of three major facilities: Advocate South Suburban Hospital (289 beds, ~400 physicians), Franciscan Health Olympia Fields (214-bed general medical/surgical), and UChicago Medicine at Ingalls–Flossmoor. It’s also just 4.7 miles from UChicago Medicine Ingalls Memorial, a 485-bed regional center serving the south suburban market. Together, these facilities drive a steady flow of employees, patients, and visitors through the immediate trade area.
• Chicago, IL MSA: This CVS is located in Flossmoor, an affluent suburb within the Chicago MSA — the nation’s third-largest, most diverse metro economy. The region’s ~9.1M residents are anchored by finance, healthcare, logistics, and manufacturing, while Flossmoor’s strong incomes, stable housing, and access to major employment corridors drive consistent retail demand.
• Affluent Market: Flossmoor is a status Chicago suburb with country-club heritage, where AHHI exceeds $149,000 — well above Chicago MSA and national averages — supporting strong consumer spending and long-term tenant stability.
• Investment Grade Credit Tenant: The lease is guaranteed by CVS Health Corporation, the top Fortune 500 pharmaceutical and health service company ranking #6, and boasting an S&P credit rating of BBB with a ± $96 billion market cap. In economic downturns, investment-grade credit tenants outperform their less creditworthy peers as investors prioritize valuing safety and liquidity.

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Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661