The Boulder Group is pleased to exclusively market a recently construction single tenant net leased Walgreens real estate for sale property located in the Chicago MSA. This recently developed Walgreens features a long term lease with over twenty-two years remaining. The absolute triple net Walgreens lease expires on October 31, 2038 and features no landlord responsibilities.<\/p>\n
The 14,820 square foot Walgreens real estate for sale is located along Highway 120 which is the primary east-west thoroughfare in the area. Walgreens is strategically positioned at the signalized intersection of Highway 120 and Darrell Road, creating constant traffic flow at the site. \u00a0The signalized intersection of Highway 120 and Darrell Road experiences traffic volumes in excess of 30,000 vehicles per day. The property has curb cuts for access on both Highway 120 and Darrell Road. Highway 120 has direct access to Highway 12 approximately one and one-half miles east of the property. Highway 12 is the primary north-south thoroughfare in the area and experiences traffic volumes in excess of 30,000 vehicles per day. The surrounding area is affluent with average household incomes within a three mile radius in excess of $92,000 annually.<\/p>\n
Walgreens is the largest drug retailing chain in the United States and has over 8,100 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $86 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor\u2019s rating of BBB.<\/p>\n