Skip to main content

Drug Store

Walgreens | 6 Locations | Must be Purchased as a Portfolio

505 W Raab Rd, Normal, IL 61761

Listing Price: Request For Offer

Tenant Name
Walgreens
Years Remaining On Lease
13.8
Guarantor
Corporate Guarantee
Rentable SF
14,490
Lease Type
Absolute Net
Rent Per Square Feet
$25.12

Investment Overview

The Town of Normal is a vibrant Midwestern community located in McLean County in Central Illinois. The town’s estimated population is just under 55,000 people. Residents and visitors alike enjoy Normal’s premier educational institutions, exceptional recreational amenities, and a diverse employment base.

Investment Highlights

  • College Town Location - One Mile North of Illinois State University (Over 20,878 Students)
  • This Deal is Part of a Portfolio of Six Walgreens – All Listings in the Portfolio Must be Purchased Together
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • 14 Years Remaining on Lease Term
  • 114,279 Residents within a Five-Mile Radius
  • Hard Corner at the Intersection of West Raab Road and Bradford Lane - Visible to Over 13,800 Cars Per Day

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Drug Store

Walgreens | 6 Locations | Must be Purchased as a Portfolio

Listing Price: Request For Offer

Tenant Name
Walgreens
Years Remaining On Lease
13.8
Guarantor
Corporate Guarantee
Rentable SF
14,490
Lease Type
Absolute Net
Rent Per Square Feet
$25.12

Investment Highlights

  • College Town Location - One Mile North of Illinois State University (Over 20,878 Students)
  • This Deal is Part of a Portfolio of Six Walgreens – All Listings in the Portfolio Must be Purchased Together
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • 14 Years Remaining on Lease Term
  • 114,279 Residents within a Five-Mile Radius
  • Hard Corner at the Intersection of West Raab Road and Bradford Lane - Visible to Over 13,800 Cars Per Day

Investment Overview

The Town of Normal is a vibrant Midwestern community located in McLean County in Central Illinois. The town’s estimated population is just under 55,000 people. Residents and visitors alike enjoy Normal’s premier educational institutions, exceptional recreational amenities, and a diverse employment base.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

MM Texture Background
MM Textured Background Lower