Sold
Mount Prospect, Illinois
1701 Kensington Rd., 60056, Mount Prospect, Illinois,$4510000
Sold
Mount Prospect, Illinois
1701 Kensington Rd., 60056, Mount Prospect, Illinois,$4510000
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