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Walgreens 840 N Main St 17,754 SF Retail Building Glen Ellyn, IL 60137 $5,837,958 CAD ($328.82 CAD/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NOI $420,000 CAP RATE 10% Seven, 5-Year Walgreens Extensions
  • Four Hospitals within 15 Minutes. These hospitals play a critical role in a multitude of healthcare needs all demanding Prescriptions.
  • Rent Guaranteed by Walgreens a trusted, global innovator in retail pharmacy playing a critical role in the healthcare ecosystem & mini-mart needs.
  • Signalized Corner of St Charles Rd & Main St to the heart of downtown Glen Ellyn with over 20,000 vehicles daily. 5-mile population of over 302,000.
  • Glen Ellyn, IL is a prosperous Chicago suburb 24 miles due W of downtown Chicago & 10 miles SW of O'Hare Airport. Household median income of $118,208.
  • Critical Drive-Thru Lane. Drive-thru lanes proved to be critical for retailers through the pandemic & towards total sales volume.

EXECUTIVE SUMMARY

Great Store, Great Location, New Roof, Very Good Financials

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $583,796 $32.88

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $583,796
Annual Per SF $32.88

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,754 SF
Building Class
B
Year Built
2004
Price
$5,837,958 CAD
Price Per SF
$328.82 CAD
Cap Rate
10%
NOI
$583,796 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.54 AC
Zoning
Commercial - Commercial

AMENITIES

  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 14,543 SF
  • -
  • Double Net
  • Mar 2030

Walgreens est une destination de santé locale fiable et pratique sur laquelle des millions d'Américains comptent chaque jour. Leur fondateur, Charles R. Walgreen père, était connu pour avoir trouvé de nouvelles façons de communiquer avec les clients sur un plan personnel et pour traiter chaque personne comme un invité dans sa propre maison. Depuis plus d'un siècle, ils ont élargi ce lien personnel grâce à leur réseau de pharmacies de quartier et à leurs produits et services de santé novateurs. Le fondement de tout cela repose sur leur expertise pharmaceutique de confiance et les membres de leur équipe qui fournissent des soins essentiels qui aident les gens à obtenir de meilleurs résultats en matière de santé à un coût abordable.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 14,543 SF - Double Net Mar 2030

NEARBY MAJOR RETAILERS

CrossFit
Starbucks
Huntington National Bank
BMO
Fifth Third Bank
Citizens Bank
Portillo's
Freddy's Frozen Custard & Steakburgers
Polish & Slavic Federal Credit Union

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-02-312-013
Land Assessment
$372,131 CAD
Improvements Assessment
$503,835 CAD
Total Assessment
$875,966 CAD
  • Listing ID: 31403501

  • Date on Market: 2024-04-03

  • Last Updated:

  • Address: 840 N Main St, Glen Ellyn, IL 60137

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