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Published on: Friday, August 23, 2024

Updated on: Wednesday, February 18, 2026

About the Lister

Name: Ryan Bennett

Company: NNN Investment Group

Office Phone: 760-448-2449

Cell Phone: 760-519-0240

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Walgreens | Glenview IL.

2871 Pfingsten Rd Glenview Illinois , 60026

NNN Investment Group
Listing ID: CL-Illinois-11533 Free Standing /Retail

Purchase Option

Asking Price: $8,450,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): 5.85

Net Operating Income: $494,250.00

Quick Glance

Listing ID: CL-Illinois-11533

Status: Accepting Offers

Financing: Third Party Financing

Occupancy: 100%

Year Build: 1991

Building Size: 15,167.00 SqFt

Lot Size: 70,723.00 SqFt.

No of Stories: 1

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: Yes

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

Listing Summary

The fee simple interest of a Walgreens investment property located in Glenview, Illinois (the “Property”). Built in 1990, the Property consists of a 15,167-square-foot retail building with a drive-thru that sits on an approximately 1.62-acre parcel.

Complete Details

Year Build: 1991

Building Size: 15,167 SqFt.

No of Stories: 1

Total Lot Area: 70723 SqFt.

No of Parking: N/A

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: A

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: Yes

Roofing: Not Specified

Occupancy: 100%

Full Description

Lee & Associates in conjunction with Bang Realty-Illinois, Inc is pleased to exclusively offer for sale, the fee simple interest of a Walgreens investment property located in Glenview, Illinois (the “Property”). Built in 1990, the Property consists of a 15,167-square-foot retail building with a drive-thru that sits on an approximately 1.62-acre parcel. In 2014, Walgreens completed a full renovation and remodel of this building to its newest prototype and drive-thru pharmacy. The Property is located in the Glenbrook Marketplace, in the affluent North Shore suburb of Glenview, where there are over 84,000 residents in a 3-mile radius.

Additional Properties

Property Highlights

Walgreens Co. – Investment Grade Credit – Absolute Triple-Net (NNN) Lease – Zero Landlord Responsibilities
30+ Year Successful Operating History at This Location
Full Renovation and Remodel Completed in 2014 to Walgreens Newest Prototype & Drive-Thru Pharmacy
Exceptionally Strong Reported Annual Sales – Future Long Term Tenancy & Profitability
Strategically Anchored Within The Glenbrook Marketplace (Over 660K Visitors/Year) – Shadow Anchored by Grocery Anchored Center (Over 1.7M Visitors/Year)
Located Along Chicago’s Affluent & Highly Desirable North Shore Submarket

Additional Links

Contacts

Associate/Business Development: Drew Olson, Phone: 760.448.1372 ,

Actual - Cash Flow

Cash Flow Year	Gross Income	Effective GrossIncome	Operating Expenses	Net Operating Income	Pre Tax Cash Flow	Cap Rate
2024	$0.00	$0.00	$0.00	$494,250.00	$0.00	0%
Cash Flow for Current Listings

Listing Location

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