The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located in Chicago, IL. Walgreens has a long operating at this location and recently signed a new 15-year lease through September 2038, which demonstrates immense commitment. The lease features 5% rental escalations every ?ve years throughout the term of the lease. It also contains twelve 5-year renewal options and is triple net with no landlord responsibilities. Walgreens is the second largest pharmacy store chain in the United States with a Fortune 500 ranking of 27 for total revenue. Reported sales are very strong and well over the average sales for a typical Walgreens. The 13,891 square-foot building is strategically positioned at the signalized intersection of West 47th Street and Ashland Avenue, where traffic ?ows exceed 20,000 vehicles daily. The property bene?ts from its location two miles west of Interstate 90/94 (312,900 VPD) and two miles south of Interstate 55 (127,500 VPD). This prime position places the property near several major retailers, including Home Depot, ALDI, Dollar Tree, Chase Bank, Fifth Third Bank, Planet Fitness, Foot Locker, McDonald’s, Popeyes, Burger King, Taco Bell, and Pizza Hut. The subject property is conveniently located near many prominent local attractions and demand generators. It is located three miles from Guaranteed Rate Field (home of the White Sox), four miles from the University of Chicago, five miles from Midway International Airport, five miles from the United Center (home of the Bulls and Blackhawks), six miles from Soldier Field (home of the Bears), and seven miles south of downtown Chicago. There are over 844,546 people living within a five-mile radius. The population within a five-mile radius earns a six-figure average household income of $85,980. Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,600 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.