Walgreens | Absolute NNN Lease

Highlights:

• Absolute NNN Lease
• Walgreens has operated in this market for nearly 30 years.
• This location has a strong operating history , with an average of $3,662,000 in “reported” sales throughout the past 16 years at this site.
• Walgreens added beer, wine, and liquor to its shelves in 2009 and a medical room in 2015, further enhancing their longevity at this location.
• The property features strong exposure to over 44,500 combined vehicles per day at the signalized intersection of Euclid Avenue and Quentin Road.
• Full ingress / egress access is conveniently located along both road.

Description:

Baum Realty Group has been retained by the owner to sell the 100% fee simple interest Walgreens located in Palatine (Chicago MSA), IL. Walgreens is located at the intersection of Euclid Avenue (22,900 VPD) and Quentin Road ( 21,600 VPD) on a 1.85-acre parcel with full curb-cut access along both roads via an access agreement with Chase Bank. Additionally, the Walgreens features a drive-thru lane and 63 parking spaces, giving Walgreens the ability to easily accommodate high volumes of customers during peak business hours. Walgreens added beer, wine, and liquor to its shelves in 2009 and a medical room in 2015, further enhancing their longevity at this location.

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