840 N Main St - Drug Store FOR SALE
Glen Ellyn, IL 60137 |
$5,650,000 USD
262-249-3000
840 N Main St
Glen Ellyn, IL 60137
HIGHLIGHTS
- NOI $420,000 CAP RATE 7.43% Seven, 5-Year Walgreens Extensions
- Signalized Corner of St Charles Rd & Main St to the heart of downtown Glen Ellyn with over 20,000 vehicles daily. 5-mile population of over 302,000.
- Four Hospitals within 15 Minutes. These hospitals play a critical role in a multitude of healthcare needs all demanding Prescriptions.
- Glen Ellyn, IL is a prosperous Chicago suburb 24 miles due W of downtown Chicago & 10 miles SW of O'Hare Airport. Household median income of $118,208.
- Rent Guaranteed by Walgreens a trusted, global innovator in retail pharmacy playing a critical role in the healthcare ecosystem & mini-mart needs.
- Critical Drive-Thru Lane. Drive-thru lanes proved to be critical for retailers through the pandemic & towards total sales volume.
FOR SALE DETAILS
PRICE
$5,650,000 USD
PRICE/SF
$318 USD /SF
CAP RATE
7.43%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Bank, Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.54 AC
LAND SF
67,082 SF
ZONING
Commercial
APN/PARCEL ID
05-02-312-013
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262-249-3000
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262-249-3000
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