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Case Study:

Jewel-Osco

Chicago, IL

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The Hanley Investment Group Advantage

  • Procured All-Cash Buyer Before Commencing Formal Marketing

  • Record Highest Price Per Square Foot Traditional Grocery Store in the Midwest

  • Negotiated Quick Three Week Due Diligence Period

Sale Specifics

  • High Profile Single-Tenant Jewel-Osco Adjacent to the University of Chicago

  • New 20-Year Lease with 10% Increases Every 5 Years Starting Year 11

  • Rare Albertsons Companies, Inc. Corporate Guaranty

  • Limited Grocery Competition in a 2-Mile Radius

  • Extremely Dense Demographics; 645,000 People in a 5-Mile Radius

The Hanley Investment Group Advantage

  • Procured All-Cash Buyer Before Commencing Formal Marketing

  • Record Highest Price Per Square Foot Traditional Grocery Store in the Midwest

  • Negotiated Quick Three Week Due Diligence Period

Sale Specifics

  • High Profile Single-Tenant Jewel-Osco Adjacent to the University of Chicago

  • New 20-Year Lease with 10% Increases Every 5 Years Starting Year 11

  • Rare Albertsons Companies, Inc. Corporate Guaranty

  • Limited Grocery Competition in a 2-Mile Radius

  • Extremely Dense Demographics; 645,000 People in a 5-Mile Radius