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Mount Prospect, Illinois

1701 Kensington Rd., 60056, Mount Prospect, Illinois,

$4510000

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Sold

Mount Prospect, Illinois

1701 Kensington Rd., 60056, Mount Prospect, Illinois,

$4510000

5.75 Beds
16+
$259,356

MOUNT PROSPECT, IL WALGREENS

  • Walgreens just extended lease
  • High performing location
  • Just 20 miles northwest of downtown Chicago
  • Affluent demographic; Avg HH Income $107,022
  • Dense population; 10,189 people within 1 mile
  • 25,000 cars per day at intersection
  • Site is just a 10 minute drive from Walgreens corporate headquarters
  • Preferred option structure (every 5 years vs. 1 year)
  • Walgreens corporate guarantee (NYSE:WAG)
  • Investment grade credit
  • NN lease with minimal management responsibilities