The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located in Taylorville, Illinois. Walgreens has a long operating history at this location since 2006. Walgreens recently signed an early lease extension in October 2024 extending their lease through Mach 2035 which demonstrates immense commitment. This is now a long-term lease with over ten years remaining. The lease is also absolute triple net which presents no landlord responsibilities. Walgreens is the second largest pharmacy store chain in the United States with a Fortune 500 ranking of 28 for total revenue.
The 14,550 square-foot building benefits from its prime location just off the signalized intersection of North Webster Street and West Park Street, which sees a combined daily traffic volume of 24,800 vehicles. The property is surrounded by a variety of well-known retailers, including Kroger, McDonald’s, Wrights Furniture, Ace Hardware, CVS, O’Reilly Auto Parts, AutoZone, Circle K, Wendy’s, and many others. Additionally, the property is in close proximity to major employers and traffic generators such as Taylorville Memorial Hospital, Taylorville High School, and Ahlstrom Filtration. Over 14,800 people live within a five-mile radius, with an average household income of $76,115.
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 8,000 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.