28895 W IL Route 120 - Drug Store FOR SALE
Lakemoor, IL 60051 |
$4,940,000 USD
512-430-4466
28895 W IL Route 120
Lakemoor, IL 60051
HIGHLIGHTS
- This Walgreens occupies a strategic location within Lakemoor, IL, a Chicago MSA suburb only 19 miles from Walgreens corporate headquarters
- Unlike the traditional prototypes of Walgreens stores that are primarily stucco, the subject property is one of the rare mostly brick construction one
- This Walgreens enjoys a strategic location within Lakemoor, establishing itself as the only drugstore within a 3-mile radius.
- With over ±14.4 years remaining on the lease term, this investment ensures consistent rental income for the foreseeable future from Walgreens
- Strategically located within 4 miles of six established assisted living facilities, including The Courtyard at McHenry, Riverside Resources
- The property is situated on a prominent corner lot off W. IL Route 120 & N. Darrell Rd, ensuring excellent exposure and visibility to over 29,000 VPD
FOR SALE DETAILS
PRICE
$4,940,000 USD
PRICE/SF
$333 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
41
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
C
APN/PARCEL ID
09-04-109-081
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512-430-4466
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512-430-4466
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