Listing Summary
Lee & Associates and Bang Realty are pleased to present an investment opportunity in a Walgreens located in Highland, IL. With absolute triple net lease structure and no landlord responsibilities, this is an attractive asset for a qualified investor.
Full Description
The fee simple interest of a Walgreens investment property located in Highland, Illinois (the “Property”). Built in 2004, the Property consists of a 14,820-square-foot retail building with a drive-thru that sits on an approximately 1.35-acre parcel. Walgreens shows commitment to this site with a newly inked lease extension that just commenced. This location has strong reported sales and a healthy 10% rent to sales ratio. Absolute-NNN lease structure and no landlord responsibilities.
Quick Glance
- Listing ID:
CL-Illinois-11538
- Status:
Active
- Year Build:
2004
- Building Size:
14,820 SqFt
- Lot Size:
58,806.00 Acre