9438 S Ashland Ave

For Sale

9438 S Ashland Ave, Chicago, IL 60620

This Chicago property for sale is located at 9438 S Ashland Ave. The current listed sale price for 9438 S Ashland Ave is $2,600,000. 9438 S Ashland Ave is situated on a lot that is 0.54 acre in size.

Contacts

broker
Michael G. Murphy

Douglas Elliman Commercial - Long Island

Property Details

  • Property Type Retail
  • Property Size 2,354 SF
  • Lot Size 0.54 Acre
  • Year Built 2022
  • Date Updated Apr 18, 2025
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.
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Highlights

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

Getting around

  • 87/100

    Walk Score ®

  • 60/100

    Transit Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • 99th Street (Beverly Hills)

    0.59 miles

  • 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

  • Amstar

    0.61 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 6

    2.66 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

  • Taco Bell

    0.07 miles

  • McDonald's

    0.09 miles

  • Burger King

    0.10 miles

  • Dunkin'

    0.16 miles

  • Subway

    0.20 miles

  • Barraco's Pizza

    0.62 miles

  • Popeyes

    0.62 miles

  • Top Notch Beefburgers

    0.63 miles

  • Chipotle

    0.87 miles

  • Rainbow Cone

    1.00 miles

  • Jewel-Osco

    0.09 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael G. Murphy

Douglas Elliman Commercial - Long Island

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