Walgreens is strategically positioned at the signalized intersection of Charles Street and 20th Street, which has a combined daily traffic count of 30,600 vehicles. Its advantageous location near Interstate 90, Interstate 39, and various other highways makes it a centralized spot with convenient commutes for both employees and customers. The subject property is ideally situated within a dense retail corridor and directly across from Rockford Plaza, a Community Center spanning over 239,000 square feet and anchored by Schnucks and Swedish American Medical Clinic. The Schnucks located in Rockford Plaza ranks in the 90th percentile of all grocery stores within the local 15-mile radius. Nearby tenants include Advance Auto Parts, McDonald's, Stockholm Inn, Family Dollar, Sam's Pizza, Kegel's Bicycle Store, and more. Moreover, the property is in close proximity to several single-family communities and multi-family complexes, including Paulson Apartments, Valley View Apartments, Valkommen Plaza, and others, ensuring a direct residential consumer base. Within a 5-mile radius, there are approximately 172,738 residents earning an average annual household income of $69,353. The city of Rockford, incorporated as a town in 1839 and becoming a city in 1852, is a non-home rule city located in North Central Illinois, about 17 miles south of the Wisconsin border. As the 5th largest city in Illinois, it has a population of 146,827 as of July 1, 2022. The Rockford Region is strong due to its diverse demographics and central location in the Midwest, adjacent to the expanding Chicagoland market. The subject property is located approximately 80 miles northwest of downtown Chicago.