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| Price $5,027,262 | Built/Renov 1995 | Tenant Walgreens |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
12,209
| Lease Start
02-23-2023
| #Units
12,500
|
| Price/SF $411.77 | Expiration
02-28-2038
| Tenant Type Pharmacy |
| NOI $326,772 | R. Term 12.60 | Ownership Fee Simple |
| Rent/SF
$26.76
| Increases 5.0%/6/yrs | Pop 5Mi 623,435 |
| Lot/AC 0.89 | Options 12/5yrs/5% | AHHI 5Mi $85,565 |
| | |
Walgreens is strategically located at the hard-corner intersection of Roosevelt Road and Des Plaines Avenue, with daily traffic counts exceeding 34,000 vehicles. The property is positioned along a dense retail corridor just 10 miles west of Downtown Chicago, within the well-established urban suburb of Forest Park. It is surrounded by prominent national retailers including CVS, Jewel-Osco, and...
...Hard corner intersection
In location for years
Dense retail corridor
Central metro location
Dense 200M+ pop 5 mi
Major MSA
Long operation history
Absolute NNN
Traded and rated company
Over 2000 units backed
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 28,512 | 251,888 | 655,856 |
| 2025 Total Population : | 29,118 | 256,787 | 670,682 |
| 2025 Employed Civilian Pop : | 16,522 | 135,740 | 339,274 |
| 2025 Total Businesses : | 864 | 7,185 | 16,039 |
| 2025 Average Household Income : | $ 125,136 | $ 114,743 | $ 101,504 |
| 2025 Total Consumer Spending : | $ 1254 M | $ 9855 M | $ 21861 M |
| 2025 Median Age : | 39 | 39 | 38 |
| 2025 Total Households : | 11,710 | 99,388 | 248,362 |
| 2025 Pop Age 25+: Bachelor's Degree : | 5,258 | 35,101 | 75,369 |
| 2025 Average Home Value : | $ 391,732 | $ 401,873 | $ 357,170 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Roosevelt Road | S 1st Ave | 2022 | 26,200 | 0.02 mi |
| Roosevelt Rd | Elgin Ave | 2014 | 27,800 | 0.05 mi |
| West Roosevelt Road | S Maple Ave | 2022 | 19,200 | 0.06 mi |
| South Maple Avenue | Roosevelt Rd | 2018 | 20,600 | 0.08 mi |
| Marengo Avenue | Roosevelt Rd | 2018 | 27,800 | 0.09 mi |
| West Roosevelt Road | S Central Ave | 2022 | 19,200 | 0.11 mi |
| Circle Avenue | Roosevelt Rd | 2022 | 26,200 | 0.15 mi |
| IL 43 | 2021 | 36,100 | 0.23 mi | |
| Wenonah Ave | 13th St | 2010 | 291 | 0.27 mi |
| 2022 | 3,400 | 0.27 mi |
Sheboygan, WI
Cap Rate 5.57%
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R. Term 16.30 yrs
Size/SF 14,200
Irvington, NJ
Cap Rate 5.75%
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Size/SF 12,300
Fishers, IN
Cap Rate 6.25%
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Size/SF 15,310
Lancaster, CA
Cap Rate 6.65%
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R. Term 9.20 yrs
Size/SF 15,251
Cypress, TX
Cap Rate 5.77%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 12,725
Meridianville, AL
Cap Rate 7.10%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 13,225
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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