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Drug Store

Walgreens - Attractive Assumable Debt (5.17%)

1180 S Roselle Rd, Schaumburg, IL 60193

Listing Price: $6,428,000

Cap Rate
7.00%
Tenant Name
Walgreens
Years Remaining On Lease
12.3
Gross SF
14,490
Guarantor
Corporate Guarantee
Rentable SF
14,490
Price/Gross SF
$443.62
Lease Type
Absolute Net
Rent Per Square Feet
$31.06

Investment Overview

Walgreens - 1180 South Roselle Road, Schaumburg, IL

Investment Highlights

  • 12.5 Years Remaining on Absolute Net Lease (Zero Landlord Responsibilities)
  • Directly Across the Street from Chicago Based Jewel-Osco Supermarket: Walgreens has Found Great Synergy between the Two Brands over the Years.
  • Signalized Intersection Location: At the Corner of Roselle Road and West Wise Road, Walgreens is Passed by Over 54,790 Vehicles Per Day.
  • Strong Corporate Guaranty: Lease is Backed by Walgreens Co. (NASDAQ: WBA) Walgreens has Over 13,800 Locations and an Annual Revenue of $133 Billion+.
  • 1/2 Mile Off Illinois Route 390 Toll Road (102,000+ VPD): a 9.8 Mile Toll Road that Connects the West Side of O'Hare International Airport to Lake Street in Hanover Park.
  • Impressive Surrounding Demographics: Within a One-mile Radius of Walgreens the Average Household Income Exceeds $124,800 which is 40% above the Current National Average.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Drug Store

Walgreens - Attractive Assumable Debt (5.17%)

Listing Price: $6,428,000

Cap Rate
7.00%
Tenant Name
Walgreens
Years Remaining On Lease
12.3
Gross SF
14,490
Guarantor
Corporate Guarantee
Rentable SF
14,490
Price/Gross SF
$443.62
Lease Type
Absolute Net
Rent Per Square Feet
$31.06

Investment Highlights

  • 12.5 Years Remaining on Absolute Net Lease (Zero Landlord Responsibilities)
  • Directly Across the Street from Chicago Based Jewel-Osco Supermarket: Walgreens has Found Great Synergy between the Two Brands over the Years.
  • Signalized Intersection Location: At the Corner of Roselle Road and West Wise Road, Walgreens is Passed by Over 54,790 Vehicles Per Day.
  • Strong Corporate Guaranty: Lease is Backed by Walgreens Co. (NASDAQ: WBA) Walgreens has Over 13,800 Locations and an Annual Revenue of $133 Billion+.
  • 1/2 Mile Off Illinois Route 390 Toll Road (102,000+ VPD): a 9.8 Mile Toll Road that Connects the West Side of O'Hare International Airport to Lake Street in Hanover Park.
  • Impressive Surrounding Demographics: Within a One-mile Radius of Walgreens the Average Household Income Exceeds $124,800 which is 40% above the Current National Average.

Investment Overview

Walgreens - 1180 South Roselle Road, Schaumburg, IL

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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