Walgreens 39023 Green Bay Rd

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property positioned within the Chicago MSA in Beach Park, Illinois. Walgreens has been successfully operating from this location since it’s construction in 2005. Demonstrating immense commitment, Walgreens recently extended their lease through March 2034. The lease is absolute triple net which presents no landlord responsibilities and features ten 5-year renewal options.
The 14,547 square-foot building benefits from its signalized hard corner position along Green Bay Road and Wadsworth Road which experience 27,700 vehicles per day. The property is strategically positioned in an area with limited competition where there are over 127,000 people living within a five-mile radius. Furthermore, the population earns a six-figure average household income within one mile ($113,848). The asset is adjacent to Waukegan National Airport and numerous single-family communities. It is also within proximity to Route 41 (31,700 VPD) and Interstate 94 (66,800 VPD). The property is less than a 10-minute drive from Illinois State Beach Park, a local attraction that hosts over 1.25 million visitors, annually.
Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.