Commercial Real Estate Illinois

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EXCLUSIVE LISTING

Walgreens

Highland Park, IL (Chicago MSA)

INVESTMENT HIGHLIGHTS

  • Walgreens corp guaranteed lease w/ ~3 years remaining on initial lease term | 8 (5-year) options
  • NN lease | Landlord responsible for roof, structure and capital expenditures
  • ~1.5 miles from Ravinia Festival, the oldest outdoor music festival in the U.S. with about 120-150 events each summer, attracting over 600,000 listeners
  • Drive-thru pharmacy window, provides ease and convenience to customers | Building features an up-scale facade and modern design elements unique to the location
  • Situated at the signalized, hard corner intersection of Roger Williams Ave and Broadview Ave, a prime location in a small commercial zone nestled among a dense residential area
  • Nearby national/credit tenants include Trader Joe's, Nordstrom Rack, Marshalls, DSW, TJ Maxx, LA Fitness and more
  • Located in the North Shore, an area comprised of affluent neighborhoods with high quality of life and premier real estate | ~30 minutes from downtown Chicago
  • 5-mile trade area is supported by a population of more than 110,900 residents and nearly 122,000 employees | Average household income in 5-mile radius is $191,500

PRICE: $5,214,000 | CAP RATE: 7.00%

EXCLUSIVELY MARKETED BY

Dan Elliot

Senior Vice President
National Net Lease Group

dan.elliot@srsre.com

DL: 312.279.5342 | M: 312.972.7978

IL License #475144985

Sean Lutz

Senior Vice President
National Net Lease Group

sean.lutz@srsre.com

DL: 312.279.5345 | M: 312.437.8598

IL License #475132482

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