Walgreens - Strong Store Sales 4830 Grand Ave

We are pleased to offer to qualified investors an opportunity to purchase a single tenant net leased investment (fee simple) that is fully occupied by Walgreens with approximately 4 lease years remaining and seven (7), five (5) year option periods. Showcasing the strength of this retail location, Walgreens has just elected to extend the lease through December 2026. Located in Gurnee, IL, the subject property is positioned at the intersection of Grand Ave and Riverside Dr which has over 29,500 VPD and is located near major traffic generators such as Six Flags Great America and just off Interstate 94. This is an excellent opportunity to own an investment grade credit tenant (rated “BBB-” by Fitch) on a hard corner signalized intersection with approximately 4 lease years remaining and minimal landlord obligations.