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DOM: 6 Updated: 07.09.25 Posted: 07.09.25 Status: Active     07.09.25

Summary

Price $2,106,350
Built/Renov 1994
Tenant Walgreens
Cap Rate 8.49%
Lease Type NN+
Guarantor Corp T and Rated
Size/SF 13,000
Lease Start 02-02-1994
#Units 12,500
Price/SF $162.03
Expiration 05-31-2028
Tenant Type Pharmacy
NOI $178,829
R. Term 2.10
Ownership Fee Simple
Rent/SF $13.76
Increases 0.0%/0/yrs
Pop 5Mi 17,581
Lot/AC 1.51
Options 6/5yrs
AHHI 5Mi $74,126

Highlights

  • Walgreens has operated at this location for over 20 years and currently has 2+ years remaining on its lease.
  • Lease features no rental increases and offers 6- 5 year options to extend 
  • Absolute NNN lease I Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant

Location Description

Walgreens is strategically located at the hard-corner intersection of Main and Park Streets, with access to 4,679 vehicles passing by daily. The site offers excellent visibility and strong local exposure in the heart of downtown Streator. The surrounding retail corridor features a mix of national and regional retailers, including Walmart Supercenter, Kroger, Dollar General, Ace Hardware, and...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...


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Listing Broker

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