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Walgreens - Chicago, Illinois

Chicago, IL

PROPERTY INFORMATION

Lease type: NNN
Building area: 14,490 SF
Total lot size: 1 Acres
Year built: 2005
  • Located in the city of Chicago
  • Top performing Walgreens with exceptional reported store sales
  • Long term lease with approximately 15 years remaining
  • Investment grade rated tenant (S&P: BBB) with a market capitalization in excess of $89 billion
  • Absolute triple net lease with no landlord responsibilities
  • Positioned just off of the heavily trafficked signalized intersection of Peterson Avenue and Lincoln Avenue
  • (68,000 vehicles per day)
  • Surrounding area is densely concentrated providing significant barriers to entry
  • 24-hour location with a drive thru
  • Densely populated area with approximately 55,000 people living within one mile radius and over 443,000
  • people living within a three mile radius of the property
  • Positioned in a retail corridor which features Home Depot, Ross Dress For Less, Office Depot, Bank of
  • America, Fifth Third Bank, Chase Bank and many other national & local retailers
  • Limited pharmacy competition in the immediate area



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