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Drug Store

National Drugstore Portfolio | Walgreens | Taylorville, IL

315 N Webster St, Taylorville, IL 62568

Listing Price: Request For Offer

Tenant Name
Walgreens
Years Remaining On Lease
8.8
Guarantor
Corporate Guarantee
Rentable SF
14,550
Lease Type
Absolute Net
Rent Per Square Feet
$19.38

Investment Overview

Marcus & Millichap, as an exclusive agent, is pleased to present an opportunity to acquire 11 Walgreens (NASDAQ: WBA) drugstores and one CVS (NYSE: CVS) drugstore in one transaction. Sites may be sold individually. All sites in the portfolio have net-leases that offer investors passive ownership with minimal landlord responsibilities and have guaranteed lease terms from just under 10 years remaining to leases with just under three years remaining. Taylorville is a city in Christian County in central Illinois. According to the United States Census Bureau, the estimated population within 5 miles was 13,950 in 2021. The city is just 30 miles southeast of Springfield. Highway connectivity is provided by Illinois Routes 29 and 48. Taylorville is home to the Taylorville Municipal Airport. Walgreens is less than 1 mile from the historic Downtown Taylorville, anchored by the Christian County Court House. The downtown district is a 23-block area that is the civic, historic, retail, entertainment, and government center of the city. The Taylorville Memorial Hospital is the major hospital in the city and is also less than 1 mile from Walgreens.

Investment Highlights

  • Located along Webster Street, a major commercial corridor in Taylorville
  • Less than ½ mile from Taylorville Memorial Hospital
  • Drive-thru location situated at signalized intersection

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

National Drugstore Portfolio | Walgreens | Taylorville, IL

Listing Price: Request For Offer

Tenant Name
Walgreens
Years Remaining On Lease
8.8
Guarantor
Corporate Guarantee
Rentable SF
14,550
Lease Type
Absolute Net
Rent Per Square Feet
$19.38

Investment Highlights

  • Located along Webster Street, a major commercial corridor in Taylorville
  • Less than ½ mile from Taylorville Memorial Hospital
  • Drive-thru location situated at signalized intersection

Investment Overview

Marcus & Millichap, as an exclusive agent, is pleased to present an opportunity to acquire 11 Walgreens (NASDAQ: WBA) drugstores and one CVS (NYSE: CVS) drugstore in one transaction. Sites may be sold individually. All sites in the portfolio have net-leases that offer investors passive ownership with minimal landlord responsibilities and have guaranteed lease terms from just under 10 years remaining to leases with just under three years remaining. Taylorville is a city in Christian County in central Illinois. According to the United States Census Bureau, the estimated population within 5 miles was 13,950 in 2021. The city is just 30 miles southeast of Springfield. Highway connectivity is provided by Illinois Routes 29 and 48. Taylorville is home to the Taylorville Municipal Airport. Walgreens is less than 1 mile from the historic Downtown Taylorville, anchored by the Christian County Court House. The downtown district is a 23-block area that is the civic, historic, retail, entertainment, and government center of the city. The Taylorville Memorial Hospital is the major hospital in the city and is also less than 1 mile from Walgreens.

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

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