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Virtual Drive-By

Albertsons Absolute NNN

1759 W Ogden Ave · Naperville, IL 60540 · Grocery / Big Box

Asking price
$14,586,540
Cap rate
5.50%
NOI
$802,260

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Lease

Lease typeAbsolute NNN
Term remaining11.3 yrs
Expiration10/2037
Rent bumps7.5% Every 5 Years
Options8x5
Ground lease—
Credit profileCredit Rated + Corporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF65,083
Price / SF$224
Year built1994
Lot size8.64 ac
TypeGrocery Store, Storefront
Days on market615

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

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    LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE: Zero landlord obligations, with 12 years remaining on the base term

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    STRONG NATIONAL TENANCY: The most popular grocery store in Illinois, Jewel-Osco is a wholly owned subsidiary of Albertsons, with over 2,200 locations

  • ​

    HIGHLY DESIRABLE LOCATION: Densely populated and affluent Chicago suburb, over 543,000 residents with 5 miles of the subject site

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    EXTREMELY LOW RENT-TO-SALES RATIO: The location has incredibly strong store sales, call agent for more info

Property overview

This passive net-lease opportunity offers a qualified buyer the chance to invest in a leading, national tenant, with a long-term absolute net lease in a highly desirable Chicago neighborhood.​ This location has incredibly strong store sales and an extremely low rent-to-sales ratio, please call agent for more details!

JEWEL-OSCO

Jewel-Osco is Illinois' leading supermarket chain with 189 locations primarily within the Chicago MSA and additional locations throughout Iowa and Indiana.​ Jewel-Osco maintains market dominance in the Chicago MSA and leads local grocers with the highest market share.​ Jewel has operated as a subsidiary of Albertsons (NYSE:ACI) since 1999.​

NAPERVILLE, ILLINOIS

Nestled within the Chicago Metropolitan Statistical Area (MSA), Naperville combines the charm of a close-knit community with the dynamic energy of a major metro region.​ As one of the largest suburbs of Chicago, Naperville benefits from easy access to world-class business opportunities, a highly skilled workforce, and the cultural richness of a globally renowned city.​ With top-rated schools, a vibrant downtown, and proximity to Chicago’s economic hub, Naperville offers an ideal balance of suburban comfort and urban convenience.​

Illinois Broker of Record: Steven Weinstock

One Mid America Plaza, Ste.​ 200

Oakbrook Terrace, IL 60181

P: (630) 570-2200

Steven.​Weinstock@MarcusMillichap.​com

Lic #: 471.011175

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.