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For Sale

9438 S Ashland Ave

9438 S Ashland Ave, Chicago, IL 60620

Located in Cook County, Chicago.We are pleased to present an exceptional investment opportunity—a newly constructed Starbucks property completed in 2022, featuring a secure 10-year lease with Starbucks Corporation (NASDAQ: SBUX S&P: BBB+). This property is strategically positioned as a pad site to Jewel-Osco Grocery Store, ensuring strong consumer traffic and visibility. The surrounding area is home to a variety of well-established retailers, including McDonald's, Taco Bell, Burger King, Walgreens, BMO Bank, Dollar Tree, and Dunkin' Donuts, making this location highly desirable for continued foot traffic and long-term growth. The asset is backed by a stable NN lease structure, offering minimal landlord responsibilities and ease of management. With over seven years remaining on the lease term, the investment benefits from four (4), five-year extension options, providing long-term stability. Additionally, rent increases of 10% every five years ensure steady income growth throughout the lease duration. For more information or inquiries, please contact Michael Murphy or Christopher Mauriello.

Key features

  • Five (5%) Percent Increases Every (5) Five Years
  • Four (4), Five (5) Year Options
  • Seven (7) Years Remaining on Ten Year Lease
  • Surrounded By National Retailers + High Traffic Counts
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Michael G. Murphy

Douglas Elliman Commercial - Long Island

Building Details

  • For Sale $2,600,000
  • Property Type Retail
  • Property Size 2,354 SF
  • Lot Size 0.54 Acre
  • Year Built 2022
  • Date Updated May 1, 2025

Getting Around

  • Walk Score ®

    Very Walkable (87)
  • Transit Score ®

    Good Transit (60)
  • Bike Score ®

    Very Bikeable (72)
Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Brainerd
  • Zip Code 60620
  • Market Chicago
  • Map
  • Street

Points of Interest

Brainerd

0.76 miles

103rd Street (Beverly Hills)

1.11 miles

Gresham

1.41 miles

107th Street (Beverly Hills)

1.61 miles

95th/Dan Ryan

2.00 miles

111th Street (Morgan Park)

2.04 miles

115th Street (Morgan Park)

2.54 miles

Ashburn

2.92 miles

West Pullman

3.46 miles

Phillips 66

1.01 miles

Citgo

1.04 miles

Meijer

1.04 miles

Marathon

1.09 miles

Shell

1.11 miles

Super Save

1.15 miles

BP

1.15 miles

Gulf

1.19 miles

Tesla Supercharger

3.75 miles

Lot 7

2.66 miles

Lot 10

2.69 miles

Lot 9

2.71 miles

Lot 8

2.71 miles

Lot 11

2.73 miles

Lot 5

2.76 miles

Lot 4

2.77 miles

Lot 12

2.86 miles

Lot 2

2.88 miles

Pete's Produce

0.99 miles

Whole Foods Market

1.14 miles

Burlington

1.14 miles

TJ Maxx

1.15 miles

Meijer

1.16 miles

Carson Pirie Scott

1.17 miles

Ross

1.17 miles

Walmart Supercenter

1.18 miles

ALDI

1.22 miles

9438 S Ashland Ave Listing Summary

  • What is the asking price at 9438 S Ashland Ave?

    9438 S Ashland Ave is currently listed for sale at $2,600,000.

  • What is the total size of 9438 S Ashland Ave?

    9438 S Ashland Ave has a total of 2,354 square feet.

  • What is the year built for 9438 S Ashland Ave?

    The year built for 9438 S Ashland Ave is 2022.

Contact Listing Broker
broker
Michael G. Murphy

Douglas Elliman Commercial - Long Island

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