Walgreens | Buffalo Grove, IL
For Sale
Walgreens | Buffalo Grove, IL
Asking Price: $4,570,000
| Cap Rate: 7%
- Net Operating Income: $320,000
- Weighted Avg. Lease Term (WALT): 5 Years
- Lease Type: Net
Property Highlights
- Walgreens has been at this location for over 20 years and recently exercised a 5-year option; showing a commitment to the site
- Strong store sales; this location has averaged $3 million in reported sales over the last 3 years
- Strategically positioned on signalized high-traffic intersection with over 35,000 VPD
- Desirable demographics, average household incomes over $150,000 within 1-mile
